KAZNEFTEHIM LLP (Kazakhstan) did not pay the 1st coupon on its bonds on account of their absence in circulation

/KASE, April 14, 03/ - Today KAZNEFTEHIM LLP (Almaty) informed Kazakhstan stock exchange (KASE) with the official letter that it had not paid the first coupon on its indexed on tenge devaluation bonds of the first issue (KZ2PKY02A634; KASE's official "В" listing category, KZNHb1; KZT1,000.00; KZT305.8 m; October 15, 02 - October 15, 04; semi-annual coupon 14.0% APR) in accordance with bonds' absence in circulation. According to the issuer's data, since October 15 of 2002 till April 15 of 2003 no bond was floated. The bonds were included into KASE's official securities list on October 15 of 2002. Trades in the securities have not been opened at the stock exchange yet. [2003-04-14]