Coefficients of Kazakhstan pension funds' incomes within January of 2003 - January of 2004 according to National Bank's data

/IRBIS, Assel Omarova, January 20, 04/ - Kazakhstan Agency on financial market and financial organization regulation and supervision (the Agency) has calculated coefficients of real and nominal returns of the country's accumulative pension funds (APF) for January of 2003 - January of 2004. Data is presented in the table below. While compiling the table IRBIS agency used information of the National bank on net assets volume of APF (the sum of pension assets excluding liabilities on imposed commission fees, accounts payable on pension payments) as of February 1 of 2003 and February 1 of 2004. Assets have been converted into US dollars at the weighted average stock exchange's rate effective on the mentioned dates. In parentheses the difference with comparable indicator of one month prescription is given. ------------------------------------------------------------------------------ Net assets, m USD Coefficient Coefficient -------------------- Name of of real of nominal As of As of PAMC or APF income k3 income k2 Jan 1, 04 Jan 1, 03 ----------------------------- ------------ ----------- --------- --------- Pension assets management company ABN AMRO Asset Management CJSC ------------------------------------------------------------------------------ КNPF Phillip Morris Kazakhstan CJSC -0.29(-0.63) 6.09(-1.07) 6.036 4.337 APF KAPITAL JSC -0.43(-0.17) 5.95(-0.57) 18.098 4.220 ABN AMRO-KaspiyMunaiGas APF CJSC -0.19(-0.75) 6.20(-1.20) 189.017 126.054 ------------------------------------------------------------------------------ Pension assets management company ZHETYSU CJSC ------------------------------------------------------------------------------ APF YlarYmit CJSC -2.41(-1.53) 3.83(-2.03) 455.449 305.805 ------------------------------------------------------------------------------ Pension assets management company BTA Asset Management CJSC ------------------------------------------------------------------------------ PAPF Kazakhstan CJSC -2.04(-0.68) 4.23(-1.12) 75.763 48.388 POAPF Kurmet JSC -2.28(-0.78) 3.97(-1.22) 111.467 73.848 OAPF OTAN JSC -0.01(-0.11) 6.39(-0.52) 43.014 17.344 ------------------------------------------------------------------------------ Private pension assets management company Activ - Invest CJSC ------------------------------------------------------------------------------ APF Valut-Tranzit Fund CJSC -0.72(-0.18) 5.64(-0.59) 99.952 51.953 ------------------------------------------------------------------------------ Pension assets management company BESTINVEST CJSC ------------------------------------------------------------------------------ OAPF SENIM CJSC -1.35(-1.34) 4.96(-1.83) 117.235 84.140 APF Korgau JSC -1.54(-0.49) 4.77(-0.90) 39.397 25.703 APF Kazakhmys JSC -2.34(+0.85) 3.91(+0.51) 76.346 58.109 PAPF NefteGas-Dem CJSC -1.64(-0.48) 4.65(-0.91) 67.077 42.858 ------------------------------------------------------------------------------ Pension assets management company NUR-TRUST CJSC ------------------------------------------------------------------------------ APF Narodniy pensionniy fond JSC 0.11(-0.58) 6.52(-1.02) 56.605 33.448 PAPF of open type named after D.A. Kunayev CJSC -2.69(-0.64) 3.54(-1.07) 7.329 5.388 ------------------------------------------------------------------------------ APF, which independently carry out Investment management of assets ------------------------------------------------------------------------------ APF of Halyk Bank of Kazkahstan CJSC 0.17(-0.37) 6.58(-0.80) 640.209 407.316 SAPF CJSC 1.00(-0.87) 7.47(-1.33) 646.787 498.699 ------------------------------------------------------------------------------ Weighted average coefficient of real income on pension assets of accumulative pension funds mentioned above disregarding SAPF for January of 2003 - January of 2004, according to the Agency's data, is negative 1.06% (0.34% and 0.21% for two previous periods in the reverse chronological order respectively). Nominal income coefficient (К2), according the Agency's methods, reflects the profitability of APF assets calculated by accruing totals. Real income coefficient (К3) - the Agency's estimation of assets yield including index of consumer prices in Kazakhstan which equaled according to the National Bank's data to 106.4 (106.8; 107.3) for the period. Devaluation of the national currency that is estimated in this period by the stock exchange's weighted average rate of KZT to USD at negative 9.96% (estimation of IRBIS, tenge has strengthened relative to dollar), does not take into account К3. Note: agency IRBIS is not responsible for the accuracy of the data given to the agency as well as for calculation methods correctness of the mentioned above coefficients. [2004-02-20]