REFERENCE: KAZKOMMERTSBANK OJSC - liabilities

/IRBIS, information of the KASE Listing commission, Dec 28, 01/ - The following information is published due to the admittance of the eighth issue privileged shares of KAZKOMMERTSBANK OJSC into official list of the Kazakhstan Stock Exchange (KASE) under category "A". According to data of KAZKOMMERTSBANK OJSC, its liabilities for the period 1999-2000 increased by KZT55.6bn, or 139.8%, for 9 months of 2001 - by KZT45.3bn or by 47.5% relative to year 2000 and totaled KZT140.7bn. Increase of liabilities for 9 months of 230001 took place due to increase of volume of attractions from other banks by KZT8.6bn or by 33.0% relative to the year beginning. As of October 01,2001 share of corporate clients deposits accounted for 57.5% of total volume of deposits against 76.1% at the end of 2000. Absolute increase totaled KZT15.6bn. Share of physical persons deposits in total deposits volume of KAZKOMMERTSBANK OJSC in comparison with the beginning of 2001 increased from 23.9% to 42.5% (growth is KZT28.5bn). The bank substantially activated its activity at term deposits market, share of which in total deposits volume increased for 9 months of 2001 from 69.2% against 58.2% for the beginning of 2001. Share of the bank at term deposits market for 9 months of current year rose by 5% relative to the end of 2000 and reached 24.1%. CREDIT LINES AND LOANS KAZKOMMERTSBANK OJSC has more than four years history of borrowing at international capital markets. On December 08,2000 with the help of ABN AMRO Bank N.V. and American Express Bank a syndicated loan for USD41m with term of six months and option for prolongation for six months more was organized. In June of 2001 KAZKOMMERTSBANK OJSC used the option for prolonging of loan for next six months. Initial amount of loan agreement was increased to USD62m. Functioning syndicated loans and credit lines of KAZKOMMERTSBANK OJSC (th., KZT) as of Oct 01,01 ------------------------------------------------------ Credit lines, total 14,168,185 DEG (Deutsche investition) 930,956 FMO (Netherlands) 738,500 IFC 1,166,830 FRMP 3,090,536 EBRD 6,232,940 National Bank of Kazakhstan (on EBRD line) 1,019,116 Fortis Bank 115,711 Exim Korea 418,426 Dresdner Bank 455,170 Syndicated loan of ABN AMRO 9,157,400 ------------------------------------------ ---------- Total 23,325,585 ------------------------------------------------------ On December 20,2001 the bank signed a loan agreement for the amount of USD100m with term of 12 months with possible option for prolonging of same term. Margin on loan accounts for 2.75% APR over 6-month LIBOR. Loan was granted by the syndicate of 22 international banks. Loan was attracted for financing trade operations of clients.