REFERENCE: Temirbank OJSC (Kazakhstan) - back up credit lines

/IRBIS, according to concluding materials of KASE Listing commission, Sept 12, 2001/ - The following material is published due to the admission of second issue bonds of Temirbank OJSC to the official list of KASE securities, under "A" category. Back up credit line of the European bank of reconstruction and Development (EBRD) Temirbank OJSC is the participant of small and medium business development program. This program was found by the initiative of EBRD and small enterprise support fund (under the Governmental guarantee). Temirbank OJSC and Small business support fund concluded agreements total for $1,592.5 th, term from 2 up to 4 years, under 5% APR, in the frame of this program. By June 30, 2001 the used sum totaled 1,592.5 th US dollars. The credit agreement was signed on April 13, 2000. The agreement considers financing of small and medium business program. Total financing - 1.0 mln dollars, term 3.5 years, under 10.53% APR. By June 30, 2001 the used sum totaled 1.0 mln US dollars. Back up credit line of the Asian bank of development (ABD) In the frame of this credit agreement, which was concluded by Temirbank OJSC and ABD on July 01, 2001 the back up credit line was set, total for 2,120.0 th US dollars, term 4 years, percentage rate from 5% up to 7.3% APR. By June 30, 2001 the used sum totaled 2,005.7 th of US dollars. Back up credit lines of German banks To develop merchant relations between the Republic of Kazakhstan and Germany to finance different projects in the territory of Kazakhstan Temirbank OJSC concluded framework agreements with German banks for partial finance of export contracts on goods delivery and/or exporters services operating in the territory of Germany under the guarantee of HERMES insurance agency. Temirbank OJSC concluded the framework agreement with Dresdner bank AG. The back up credit line was set within this agreement total for EUR1,267.5 th, 5 years term, under 5.586% APR by June 16, 2001 (to finance Temirbank OJSC's client contract regarding the forward and installation of brewery.) Besides, Temirbank OJSC concluded the agreement with KBC Bank NV total for EUR3,685.2 th, 5 years term, 5.379% APR - percentage rate by June 30, 2001. By June 30, 2001 the used sum totaled EUR3,685.2 th. This credit agreement is provided by the guarantee of O.N.D. Belgium insurance agency. Temirbank OJSC and DG Bank AG will concluded the framework agreement till Dec 31, 2001.