Development Bank of Kazakhstan JSC gives additional information about the new shares issue and increasing of authorized capital

/KASE, October 13, 03/ - Development Bank of Kazakhstan JSC (Astana), whose bonds are circulating in Kazakhstan stock exchange's (KASE) official "А" listing category, has given an additional information in the official letter about the new issue of its shares. According to the bank's information on July 10 of 2003 general meeting of its shareholders in compliance with the Law of the Republic of Kazakhstan "About republican budget for 2003 " made the decision about increasing of the authorized capital of Development Bank of Kazakhstan JSC by KZT7.7 bn. by issuing and floating 154 th. common shares. On September 30 of 2003 National Bank of Kazakhstan made state registration of this shares issue. In accordance with the certificate about the state registration dated September 30 of 2003 #А4781-1 the issue has been divided into 754 th. common inscribed shares, which have been assigned national identification number KZ1C47810011. By the date of registration of specification of the issue 600 th. shares of this issue had been floated and paid. As the result authorized capital of Development Bank of Kazakhstan JSC increased by KZT7.7 bn. and by September 30 of 2003 was equal to KZT37.7 bn. The bank has informed that at the moment 80.9% of shares are in the possession of Kazakhstan Government, and the other 19.9% - in the possession of domestic executive bodies of 14 Kazakhstan oblasts and cities Almaty and Astana. [2003-10-13]