Schedule of events at corporate debt market of Kazakhstan from May 10 till May 16 of 2004

/IRBIS, Yelena Korpusenko, May 7, 04/ - In the period from May 10 till May 16 of 2004 at Kazakhstan exchange market of corporate debt the following events will be held. Since May 11 till May 29 - Bank TuranAlem JSC continues to pay the first coupon to holders of its indexed on inflation rate subordinate bonds of the third issue (KZ2CKY10A887, KASE's official "A" listing category, BTASb3; 15,000 tenge, 7,500.0 m.; November 6, 03 - November 6, 13; semi-annual coupon 8.0% APR for the first circulation year). In case all bonds are in circulation sum of the payment will be KZT300.0 m. May 11 - actual date of payment of the fourth coupon to holders of international notes of senior unsecured debt of Kazkommerts International B.V. (Rotterdam, Kingdom of Netherlands) the second issue (XS0146008171, KASE's official "A" listing category, KKGBe3; $200.0 m.; May 8, 02 - May 8, 07; semi-annual coupon 10.125% APR), which were issued on full security of Kazkommertsbank JSC (Almaty). In case all bonds are in circulation sum of the payment will be USD10,125.0 th. The payment date (May 8) coincides with a day off. May 11 - actual date of payment of the third coupon to holders of indexed on inflation rate bonds of Kazakhstan Mortgage Company CJSC (Almaty) of the first issue (KZ2CKY03A676, KASE's official "A" listing category, KZIKb1; KZT10,000, KZT1,500.0 m.; November 10, 02 - November 10, 05; semi- annual coupon with floating rate 11.45% APR for the current year). In case all bonds are in circulation sum of the payment will be KZT85.9 m. The payment date (May 10) coincides with a day off. May 11 - register of holders of indexed on tenge devaluation rate bonds of VITA OJSC (Almaty) of the third issue (KZ2CKY02A561, KASE's official "B" listing category, VITAb3; KZT100; KZT750.0 m.; June 11, 02 - June 11, 04; semi-annual coupon 14.00% APR) is fixed. Register is fixed for maturity and the fourth coupon payment. Actually it means that securities circulation at the secondary market stops. May 12 - Development Bank of Kazakhstan JSC (Astana) pays the first coupon to holders of its euronotes to bearer of the second issue (XS0179958805, KASE's official "A" listing category, BRKZe2; $100.0 m.; November 12, 03 - November 12, 13; semi-annual coupon 7.375% APR). In case all bonds are in circulation sum of the payment will be USD3,687.5 th. May 12 - register of holders of indexed on tenge devaluation level bonds of NURBANK OJSC (Almaty) of the second issue (KZ2CKY08A774, KASE's official "A" listing category, NRBNb2; KZT16,000; KZT4,000.0 m.; June 12, 03 - June 12, 11; semi-annual coupon 9.00% APR) is fixed. Register is fixed for the second coupon payment. Since May 12 till June 12 of 2004 the bonds will be quoted at Kazakhstan stock exchange (KASE) without accumulated interest. May 13 - Kazpost JSC (Almaty) pays the second coupon to holders of its indexed on tenge devaluation level bonds of the first issue (KZ2CKY05A739, KASE's official "A" listing category, KZPSb1; KZT1,000, KZT1,413.0 m.; May 13, 03 - May 13, 08; semi-annual coupon 8.00% APR). In case all bonds are in circulation sum of the payment will be KZT56.5 m. (bondholder's income is protected from strengthening of tenge against dollar) May 14 - register of holders of euronotes of special venture TuranAlem Finance B.V. (Rotterdam, Kingdom of Netherlands) of the second issue (XS0148572901, KASE's official "A" listing category, BTASe2; $100.0 m.; May 29, 02 - May 29, 07; semi-annual coupon 10.00% APR), which were issued on full security of Bank TuranAlem JSC (Almaty), is fixed. Register is fixed for the fourth coupon payment. Since May 14 till May 29 of 2004 the euronotes will be quoted at Kazakhstan stock exchange (KASE) without accumulated interest. May 16 - register of holders of indexed on tenge devaluation level bonds of Bank CenterCredit OJSC (Almaty) of the first issue (KZ75KARGCA53, KASE's official "A" listing category, CCBNb1; $100, $4.5 m.; December 6, 00 - December 17, 05; semi-annual coupon 12.0% APR) is fixed. Register is fixed for the seventh coupon payment. Since May 17 till June 16 of 2004 the bonds will be quoted at Kazakhstan stock exchange (KASE) without accumulated interest. [2004-05-07]