/IRBIS, September 3, 03/ - Kazakhstan Stock Exchange (KASE) has determined the lists of companies - leading operators of the KASE corporate securities (CS) market in Kazakhstan for August of 2003.

Place of company in the list is determined in accordance with the stake of deals it has made in total gross turnover of trades (amount of purchased and sold shares and bonds). At that, only CS purchase and sale operations at secondary market excluding work of brokers in state blocks of shares (SBS), are taken into account. Position of each trade participant is shown in Kazakhstan tenge.

Below is the full list of operators, which worked in this stock exchange's market's sector in August of 2003. In parentheses is position of correspondent broker in July of 2003.

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                                                      Stake in trades
Position Brief title of the company                   gross volume, %
-------- -------------------------------------------- ---------------
  1 (19) General Asset management LLP (Almaty)                   28.5
   2 (3) KIB ASSET MANAGEMENT Ltd. JSC (Almaty)                  18.5
   3 (4) Alliance Investment Management LLP (Almaty)             12.8
   4 (1) KG Securities LLP (Karaganda)                            9.5
   5 (6) TuranAlem Securities JSC (Almaty)                        5.9
  6 (12) Fondoviy service CJSC (Almaty)                           4.9
   7 (2) RG Securities LLP (Almaty)                               4.5
  8 ( -) DB Alfa-Bank OJSC (Almaty)                               3.5
  9 (10) Kazakhstan financial company OJSC (Almaty)               2.2
 10 (13) PAMC ABN AMRO Asset Management CJSC (Almaty)             2.0
 11 ( -) TEMIRBANK OJSC (Almaty)                                  1.7
 12 ( -) Development Bank of Kazakhstan CJSC (Almaty)             1.3
  13 (7) PAMC ZHETYSU CJSC                                        1.2
 14 (14) Kazkommerts Securities OJSC (Almaty)                    0.65
  15 (8) Eurasian bank CJSC (Almaty)                             0.64
 16 ( -) GLOBAL SECURITIES CJSC (KAZAKHSTAN)                     0.59
 17 (16) KAZKOMMERTSBANK OJSC (Almaty)                           0.47
 18 (11) Halyk Bank of Kazakhstan OJSC                           0.45
 19 (15) Bank CenterCredit OJSC (Almaty)                         0.34
 20 (21) RBNT SECURITIES CJSC (Almaty)                          0.132
  21 (5) MONEY EXPERTS LLP (Almaty)                             0.127
 22 (18) Company "CAIFC" CJSC (Almaty)                           0.09
 23 ( -) ATFBank OJSC (Almaty)                                   0.04
 24 (20) Bank TuranAlem OJSC (Almaty)                            0.03
         FINANCIAL COMPANY GREENWICH CAPITAL
  25 (-) MANAGEMENT OJSC                                        0.003
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Rating, which was made in similar way, but for the first 8 months of 2003, is given below.

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                                                Share in trades
Position Brief title of the company             gross volume, %
-------- -------------------------------------- ---------------
       1 TuranAlem Securities JSC                          19.1
       2 KIB ASSET MANAGEMENT Ltd. JSC                     12.8
       3 Bank TuranAlem OJSC                               10.6
       4 Alliance Investment Management LLP                 8.5
       5 KG Securities LLP                                  8.4
       6 RG Securities LLP                                  7.8
       7 General Asset management LLP                       7.7
       8 Kazakhstan financial company OJSC                  4.7
       9 PAMC "ABN AMRO Asset Management CJSC               2.2
      10 Fondoviy service CJSC                             1.99
      11 Kazkommerts Securities OJSC                       1.97
      12 PAMC ZHETISU CJSC                                  1.8
      13 Tau Securities LLP                                 1.6
      14 KAZKOMMERTSBANK OJSC"                             1.42
      15 Bank CenterCredit OJSC                            1.40
      16 Eurasian bank CJSC                               1.211
      17 ATFBank OJSC                                     1.210
      18 MONEY EXPERTS LLP                                 0.78
      19 Company of Halyk Bank of Kazakhstan on
         pension assets management CJSC                    0.75
      20 DB Alfa-Bank OJSC                                 0.64
      21 Halyk Bank of Kazakhstan OJSC                     0.61
      22 FUTURE CAPITAL LLP                                0.53
      23 BANK CASPIAN JSC                                  0.50
      24 DB ABN AMRO Bank Kazakhstan CJSC                  0.44
      25 RBNT SECURITIES CJSC                              0.40
      26 TEMIRBANK OJSC                                    0.36
      27 Development Bank of Kazakhstan CJSC               0.23
      28 Company "CAIFC" CJSC                              0.17
      29 GLOBAL SECURITIES CJSC (KAZAKHSTAN)               0.11
      30 Central-Asian Trust Company LLP                   0.09
      31 TexaKaBank OJSC                                   0.07
      32 Demir Kazakhstan Bank OJSC                        0.03
      33 FINANCIAL COMPANY
         GREENWICH CAPITAL MANAGEMENT OJSC                 0.02
      34 Alliance Bank OJSC                               0.004
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One should take into consideration the fact that because of narrowness of Kazakhstan CS market, conducting of one rather large deal at KASE July significantly influence situation of this or that participant in the tables, which were made by the methods described above.

[2003-09-03]