ADDITIONALLY: Twenty percent SBS of Corporation Kazakhmys OJSC has been sold at KASE for KZT28.7 bn (USD184.0 m)

/KASE, December 27, 02/ - Today during trades on state blocks of shares (SBS) of Corporation Kazakhmys OJSC (Zheskazgan) at Kazakhstan stock exchange (KASE) SBS consisting of 982,307 common inscribed shares (20.0% of authorized capital of Corporation Kazakhmys OJSC, SBS's trade code - NZ_KZMS_20) was sold by single lot for KZT28,662,735,953.00 or USD184,018,592.40 at determined today weighted average stock exchange's rate of KZT to USD (KZT155.76 for dollar). The block was traded in KZT per share. Starting price of offer was KZT20,000.00 that is equal to $128.4. During the trade, in which two potential purchasers took part, demand price rose from KZT6,552.00 to KZT29,179.00 per share. Purchasers rose their price for 13 times, during the trade there were submitted 15 bids. As the result price of the deal was equal to KZT29,179.00 or USD187.33 per share. The made deal is the largest one in the history of Kazakhstan stock exchange's market. Trades in block consisting of 228,577 common inscribed shares (4.65% of the authorized capital, code NZ_KZMS_4.65), which is sold without lot limits (lot consists of one share), is being continued. By 3:15 p.m. demand and offer were absent in KASE's trade system. At the floor, where common shares of Corporation Kazakhmys OJSC (KZMS) out of SBS are traded, the shares were offered at 14,500.00 and were in demand at KZT12,460.80. The last deal was conducted today by the mentioned time on 27,983 shares at KZT12,481.00 per a security. [2002-12-27]