KASE determined leading operators of the exchange's GS purchase- sale sector for February and the first 2 months of 2004

/IRBIS, Assel Omarova, March 2, 04/ - Kazakhstan Stock Exchange (KASE) composed traditional list of companies - leading operators of the KASE in government securities (GS) purchase-sale market by the results of February 2004. Companies are ranked according to individual portion of concluded deals in aggregate gross turnover of trades (total of purchased and sold bonds). The position of each participant is expressed in the currency of payments - tenge. A total of 29 companies participated in trades with GS at KASE in February (banks, broker-dealer companies, pension assets management companies, SAPF, non-banking financial organizations), excluding the National Bank of Kazakhstan. Below is the list of 10 the most active operators given in descending order of their shares in total deals volume and its positions in January of 2004. Top 10 operators controlled 84.0% of the exchange's GS sector turnover. ------------------------------------------------------------------------- Position Position Share in in Feb in Jan trades 2004 2004 Brief title of a company volume, % -------- -------- --------------------------------------------- --------- 1 1 Bank TuranAlem JSC (Almaty) 29.6 2 2 PAMO ZHETYSU JSC (Almaty) 10.4 3 3 ATFBank JSC (Almaty) 10.0 4 4 RG Securities LLP (Almaty) 9.4 5 5 APF of Halyk Bank of Kazakhstan JSC (Almaty) 8.3 6 9 State accumulative pension fund CJSC (Almaty) 4.0 7 14 PAMC ABN AMRO Asset Management CJSC (Almaty) 3.9 8 16 DB ABN AMRO BANK KAZAKHSTAN CJSC (Almaty) 3.1 9 11 NURBANK OJSC(Almaty) 2.8 10 6 Eurasian bank CJSC (Almaty) 2.6 ------------------------------------------------------------------------- Among newcomers of the top ten are: PAMC ABN AMRO Asset Management CJSC, DB ABN AMRO BANK KAZAKHSTAN CJSC and NURBANK OJSC; they replaced Kazkommertsbank JSC (Almaty, seventh position in January), Alliance Bank OJSC (Almaty, eighth position in January) and Temirbank JSC (Almaty, tenth position in January). [2004-03-02]