/KASE, Nov 09, 00 / - Kazakhstan Temir Zholy (Astana), in accordance with the listing requirements, provided the Kazakhstan Stock Exchange (KASE) with its financial statements for first six months of year 2000: balance sheet, cash flow statement and various reports on economic and financial activity.

Following are the results of the issuer in the first six months of year 2000 (in th. KZT):

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                                       As of        As of   Change,
Indicator                          July 1,99    July 1,00         %
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Authorized capital                   954,412      904,631      -5.2
Shareholders' equity             149,470,513  146,450,978      -2.0
Total assets                     185,601,807  183,666,474      -1.0
Net working capital               11,685,958   13,669,277     +17.0
Accounts receivable               24,537,799   21,282,547     -13.3
Total liabilities                 36,131,294   37,215,496      +3.0
Long-term credits                 11,511,099   18,214,763     +58.2
Short-term credits                 1,310,419    3,412,613    +160.4
Accounts payable                  23,309,776   15,588,120     -33.1
Sales                             40,632,991   74,989,317     +84.6
Cost of goods sold                32,353,197   50,126,365     +54.9
Net income (loss) of the period      496,980    6,316,944  +1,171.1
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Compared to the similar period of 1999 the company experienced following changes:

• shareholders' equity of the company decreased by KZT3.0 bln, or 2.0% (including authorized capital - KZT49.8 mln due to branch separation, fixed assets revaluation fund - KZT27.9 bln, reserve capital - KZT5.4 mln and increase in final amount of undistributed profit by KZT24.9 bln.);
• assets decreased by KZT1.9 bln, or 1.0%;
• liabilities rose by KZT1.1 bln, or 3.0%.

The sales and goods offered grew up by KZT34.4 bln, or 84.6%, their cost - rose by KZT17.8 bln, or 54.9%, expenses for the period - by KZT5.0 bln, or 90.6%, losses from non-operating activity - KZT1.6 bln or 2 times.

The net income of Kazakhstan Temir Zholy NSC in first six months of 2000 equaled KZT6.3 bln that is KZT5.8 bln or 12.7 times more than in corresponding period of last year.

Discount bonds of Kazakhstan Temir Zholy NSC were included into "A" of the official list of KASE securities on June 23, 2000 (KZ2CLALN6A19, trade code - TMJLb).

The main company's activities: transportation services to the economy, cargo and passenger transportation security.