/IRBIS, June 1, 01/ - Kazakhstan Stock Exchange (KASE) defined list of companies - leading operators of the KASE government bonds market for May 2001.

The rating is made according to portion of concluded deals in aggregate gross turnover of trades (total of purchased and sold bonds). The rating included purchase-sale deals (37.4% of the secondary market) and direct and reverse repo operation (62.6%). The position of each entity was expressed in currency of the payments, i.e. tenge.

In total, 23 companies participated in trades with GB at KASE (banks, broker-dealer companies, pension assets management companies and SAPF). Below is the list of 10 the most active operators given in descending order.

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Position Position                                                Share in
  in May in April                                            gross volume
    2001     2001 Brief title of a company                   of trades, %
-------- -------- ------------------------------------------ ------------
       1        2 AMB OJSC (Almaty)                                  17.3
       2        4 Bank TuranAlem OJSC (Almaty)                       16.1
       3        3 State Accumulative Pension Fund CJSC, SAPF
                  (Almaty)                                           11.4
       4       10 Pension Asset Management Company of Halyk
                  Bank of Kazakhstan CJSC                             9.2
       5        9 Halyk Bank Kazakhstan OJSC (Almaty)                 8.2
       6        6 Bank CenterCredit OJSC (Almaty)                     6.6
       7       13 ABN AMRO BANK KAZAKHSTAN (Almaty)                   5.2
       8        5 Eurasian bank CJSC (Almaty)                         5.0
       9        7 TEMIRBANK OJSC (Almaty)                             4.3
      10       12 Bank Caspian OJSC (Almaty)                          3.7
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