REFERENCE: VALUT-TRANZIT BANK OJSC (Kazakhstan) - equity

/IRBIS, information of the KASE Listing commission, Oct 8, 01/ - The following information is published due to the admittance of the first issue bonds of VALUT-TRANZIT BANK OJSC into official list of the Kazakhstan Stock Exchange (KASE) under category "A". From 1998 through 2000 shareholders' equity of VALUT-TRANZIT BANK OJSC, calculated based on the instructions of the National Bank, grew by KZT1.5 bn, or 3.8 times. In 1999 increase in the bank's shareholders' equity by KZT536.9m or 2 times was a result of its merger with Akmola-bank OJSC. In 2000 growth of shareholders' equity was KZT939.6m, or 87.9% against 1999, which was caused by an increase in core capital by KZT843.3m (KZT300.0m - floatation of seventh issue shares, KZT534.1m - additional capital). Growth of shareholders' equity in I half of 2001 by KZT315.5m, or 15.7% was a result of an increase in core capital by KZT241.4m (KZT171.8m - additional capital, KZT81.7m - reserve capital) and supplementary capital - by KZT74.2m. Significant increase in additional capital of the bank in 2000 and in I half of 2001 was caused by a regular repurchase of its shares from the shareholders and their subsequent sale (both on organized market and out of it). Shareholders' equity of VALUT-TRANZIT BANK OJSC (th. KZT) ---------------------------------------------------------------- as of as of as of as of Indicator Jan 1.99 Jan 1.00 Jan 1.01 July 1.01 --------------------- -------- --------- --------- --------- Core capital 497,231 1,005,231 1,848,477 2,089,787 Supplementary capital 35,364 64,264 160,588 234,824 Shareholders' equity 532,595 1,069,495 2,009,065 2,324,611 ----------------------------------------------------------------