/KASE, May 10, 01/ - Kazakhstan Temir Joly NSE (Astana) provided the KASE with its financial statements for 2000: balance sheet, income and cash flows statements.

By the data of the issuer following are the results of the company in 2000 (in th. KZT unless otherwise specified):

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                                          As of        As of   Change,
Ratio                                 Jan.1 '00    Jan.1 '01         %
----------------------------------  -----------  -----------  --------
Authorized capital (paid)               915,401      971,382      +6.1
Shareholders' equity                140,995,647  137,368,546      -2.6
Total assets                        183,553,042  173,277,092      -5.6
Net working capital                  14,170,331    4,308,272     -69.6
Accounts receivable                  25,799,678    9,920,138     -61.5
Liabilities, net                     42,560,395   35,908,546     -15.6
Long-term loans                      16,214,804   15,246,551      -6.0
Short-term loans                      1,148,460    3,621,716    +215.4
Accounts payable                     25,197,550   16,636,456     -34.0
Sales                                99,779,061  138,070,181     +38.4
Cost of goods sold                   74,868,389   92,002,820     +22.9
Net income (loss) of the period         174,212    8,710,142  +4,899.7
----------------------------------  -----------  -----------  --------
Calculated based on issuer's data:
----------------------------------  -----------  -----------  --------
Return on sale (ROS), %                   24.97        33.37     +33.6
Return on equity (ROE), %                  0.12         6.34  +5,031.8
Return on assets (ROA), %                  0.09         5.03  +5,196.2
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Compared to 1999:

• shareholders' equity of the company decreased by KZT3.6 bln as a result of a KZT13.5 bln decrease in fixed assets re-evaluation fund, reserve capital - by KZT0.5 mln, with an increase in final amount of undistributed income by KZT9.8 bln and authorized capital by KZT56.0 mln);
• assets fell by KZT10.3 bln (including, accounts receivable - by KZT15.9 bln, inventory - by KZT1.9 bln, other assets - by KZT345.7 mln, with an increase in fixed assets - by KZT2.6 bln, incomplete capital construction - by KZT2.7 bln, cash - by KZT2.5 bln);
• liabilities fell by KZT6.7 bln (including, KZT8.6 bln in accounts payable and a KZT1.5 bln increase in loans and KZT403.8 mln in other liabilities);
• sales increased by KZT38.3 bln, cost of goods sold - by KZT17.1 bln.

Net income, received by Kazakhstan Temir Joly NSE in 2000, equaled KZT8.7 bln, which is by KZT8.5 bln, or 50 times more than in 1999.

Following is the table that shows the dynamics of Kazakhstan Temir Joly NSE indicators during the year 2000 on a quarterly and non-accruing sum basis (in mln KZT unless otherwise specified):

Ch., % Ch., % Ch., % Indicator I-2000 II-2000 III-2000 IV-2000

----------  --------  --------  --------  --------  -------  --------  -------
Sales       34,718.1  40,271.2     +16.0  42,249.6     +4.9  20,831.3    -50.7
Net income     248.1   6,068.8  +2,346.0   5,404.0    -11.0  -3,010.7   -155.7
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Discounted bonds of Kazakhstan Temir Joly NSE (KZ2CLALN6A19, trade code - TMJLb) were admitted into the official lists of the KASE under category "A" on June 23, 2000.

Primary activities of the company - cargo and passenger transportation services for the economy and for the population; international economic relations of Kazakhstan; exports and imports of goods