National Bank of Kazakhstan accepted report on issue and floation results of sixth issue of Bank TuranAlem OJSC shares

/IRBIS, Feb 6, 02/ - Today the Stock Market Regulatory Department of the National Bank informed that on February 4, 202 it accepted the report on issue and floatation results of sixth issue of Bank TuranAlem OJSC shares for a total of KZT4,267,220,000. Based on the bank's information, the floatation of sixth issue shares was held privately among five largest international financial institutions - EBRD, IFC, DEG, FMO, RZB and completed on November 29,2001 (for this date all money for shares were received on bank accounts), As a result authorized capital of the bank increased by USD29m. Organizer of the deal and structuring agent was International Finance Corporation. Based on presented documents to the Kazakhstan Stock Exchange (KASE), the sixth issue consists of only 426,722 convertible preferred inscribed shares without voting right at KZT10,000 each amounting to KZT4,267,220 th. with the announced authorized capital of KZT17,137,450 th. The preferred shares of the sixth issue were assigned a national identification number KZ1P34920614. The issue was conducted in non-documentary form. The issue has been entered into the State register of the securities under the number A3492-5. Based on the charter of the bank and the issue prospectus the minimum dividends to preferred shares were set at 10.25% APR of the face value, which do not include income tax (net).