/CORRECTED/ KASE determined leading operators of stock exchange's CS market in Kazakhstan for November and the first 11 months of 2003

/IRBIS, December 2, 03, resent in accordance with backdated changing of status of separate deals in KASE's trade system for November 27 and 28, as the result volumes of transactions, on which settlements were made, changed; corresponding news for December 2 is annulled/ - Kazakhstan Stock Exchange (KASE) has determined activity rating of companies - operators of the KASE corporate securities (CS) market in Kazakhstan for November of 2003. Position of a company in the list is determined in accordance with the stake of deals it has concluded in total gross-turnover of trades (amount of purchased and sold shares and bonds). Moreover, only CS purchase and sale operations at secondary market excluding work of brokers with state blocks of shares (SBS), are taken into account. Position of each trade participant is expressed in Kazakhstan tenge. Below is the full list of operators, which worked in this stock exchange's market's sector in November of 2003. In parentheses is position of correspondent broker in October of 2003. ------------------------------------------------------------------------ Stake in trades Position Brief title of the company gross volume, % -------- --------------------------------------------- --------------- 1 (4) TuranAlem Securities JSC (Almaty) 23.0 2 (5) Alliance Investment Management JSC (Almaty) 14.4 3 (21) PAMC ZHETISU CJSC (Almaty) 8.0 4 (2) RG Securities LLP (Almaty) 7.7 5 (3) KG Securities LLP (Almaty) 7.6 6 (1) KIB ASSET MANAGEMENT Ltd. JSC (Almaty) 7.32 7 (-) State accumulative pension fund CJSC (Almaty) 7.28 8 (11) Fondoviy service JSC (Almaty) 5.5 9 (16) TEMIRBANK OJSC (Almaty) 3.9 10 (6) RBNT SECURITIES CJSC (Almaty) 2.8 11 (20) PAMC ABN AMRO Asset Management CJSC (Almaty) 2.28 12 (9) Bank CenterCredit OJSC (Almaty) 2.27 13 (12) Alliance Bank OJSC (Almaty) 1.9 14 (7) Kazakhstan financial company OJSC (Almaty) 1.4 15 (15) Halyk Bank of Kazakhstan OJSC (Almaty) 1.2 16 (18) General Asset management LLP (Almaty) 1.1 17 (14) Eurasian bank JSC (Almaty) 0.7 18 (-) MONEY EXPERTS LLP 0.5 19 (8) ATFBank JSC (Almaty) 0.40 20 (10) Kazkommerts Securities OJSC (Almaty) 0.36 21 (17) TEXAKABANK OJSC (Almaty) 0.20 22 ( -) VISOR Investment Solutions LLP (Almaty) 0.18 ------------------------------------------------------------------------ Rating, which was made in similar way, but for the first 11 months of 2003, is given below. ------------------------------------------------------------- Share in trades Position Brief title of the company gross volume, % -------- ---------------------------------- --------------- 1 TuranAlem Securities JSC 17.4 2 KIB ASSET MANAGEMENT Ltd. JSC 12.9 3 Alliance Investment Management JSC 9.8 4 RG Securities LLP 9.5 5 General Asset management LLP 8.13 5 KG Securities LLP 8.11 7 Bank TuranAlem JSC 7.2 8 Kazakhstan financial company OJSC 3.8 9 Fondoviy service JSC 2.5 10 PAMC ZHETISU CJSC 2.4 ------------------------------------------------------------- One should take into consideration the fact that because of narrowness of Kazakhstan CS market, conducting of one rather large deal at KASE significantly influence position of a given participant in the tables, which were developed by the methodology described above. [2003-12-03]