Development Bank of Kazakhstan CJSC presented VITA OJSC (Kazakhstan) credit in the amount of USD1m

/KASE, August 13, 02/ -VITA OJSC (Almaty), whose bonds are circulating under stock exchange's official "В" listing category, informed KASE about the fact that on June 10, 2002 the company received credit in the amount of USD1m from Development Bank of Kazakhstan CJSC (Astana) for pre-export financing of production of its texturized albumen and its further export to Russian Federation for Technomol Pishyeviye producty CJSC. The company also informs that it actively introduces soya-based meat (texturized albumen) to the market of Kazakhstan, and since January 1, 2003 it will produce it for establishments of the Ministry of justice and military units of the Ministry of defense of Kazakhstan. According to VITA OJSC Data by August 1, 2002 the company has floated 25% of the issued volume of bonds of the third issue (KZ2CKY02A561; VITAb3; KZT750.0m; KZT100.00; June 11, 02 - June 11, 04; semi-annual coupon 14.0%APR). [2002-08-13]