Halyk Bank of Kazakhstan OJSC recognized financial condition of Kazakhstan Mortgage Company CJSC as stable

/IRBIS, September 30, 03/ - Halyk Bank of Kazakhstan OJSC (Almaty), which acts as the Representative of holders of indexed on inflation level mortgage bonds of Kazakhstan Mortgage Company CJSC (KMC, Almaty) of the first issue (KZ2CKY10A853; KASE's official "А" listing category, KZIKb1; KZT3,000.0 m., KZT1, August 11, 03 - October 1, 13, semi-annual coupon with floating rate, 11.750% APR on the current coupon), has made the scheduled analysis of KMC's financial condition on September 25 of 2003. The message of Halyk Bank of Kazakhstan OJSC, which was presented to Kazakhstan stock exchange (KASE), said about it. On the basis of the conducted analysis bondholders' Representative has informed that as of September 25 of 2003 financial condition of KMC is stable, paying capacity and liquidity were secured, the company can fulfill its liabilities concerning servicing of bonds of the first issue. Holders of this issue bonds, who wish to see the act of KMC's financial condition checking, can turn to Halyk Bank of Kazakhstan OJSC at the address: 97, Rozybakiyev str., Almaty, Investment banking department, or by tel. (3272) 590-599. [2003-09-30]