Schedule of events at corporate debt market of Kazakhstan from May 24 to May 30 of 2004

/IRBIS, Yelena Korpusenko, May 21, 04/ - In the period from May 24 till May 30 of 2004 at Kazakhstan exchange market of corporate debt the following events will be held. May 24 actual date of payment of the fourth coupon on tenge devaluation adjusted bonds of NURBANK OJSC (Almaty) of the first issue (KZ2CKY03A544; official "A" listing of KASE, NRBNb1; KZT1,000, KZT1,500.0 m; May 22, 02 - May 22, 05, semiannual coupon of 8.5% APR). If all bonds are found in circulation, payment will total tenge equivalent of USD416.9 th at current exchange rate effective as of payments day. May 24 register of holders of bonds by Eurasian bank JSC (Almaty) of the first issue (KZ2CKY05A911, KASE's official "A" listing category, EUBNb1; KZT1; KZT1,500.0 m.; Nov 25, 03 - Nov 25, 08; semi-annual floating coupon with 7.00% APR for the current period) is fixed. On May 24 -25 of 2004 the bonds will be quoted at Kazakhstan stock exchange (KASE) without accumulated interest. May 25 Eurasian Bank JSC pays first coupon to holders of its first issue bonds. If all bonds are found outstanding, payment will total KZT52.2 m. May 26 register of holders of tenge devaluation protected bonds by Astana- Finance JSC (Almaty) of the third issue (KZ2CKY05A994, KASE's official "A" listing category, ASFIb3; KZT100; KZT1,000.0 m.; Nov 27, 03 - Nov 27, 08; semi-annual coupon 7.00% APR) is fixed. The company plans to pay first coupon. On May 26 -27 of 2004 the bonds will be quoted at Kazakhstan stock exchange (KASE) without accumulated interest. May 27 Astana - Finance JSC pays first coupon to the holders of its bonds of the third issue. If all bonds are found outstanding, payment will total KZT35.0 m (investor's revenue is protected against tenge rise vs US dollar). May 28 BANK CASPIAN JSC (Almaty) pays second coupon to holders of its tenge devaluation protected bonds of the second issue (KZ2CKY07A743; official "A" listing category of KASE; CSBNb2; KZT20,000, KZT3,100.0 m; May 28, 03 - May 28, 10, semi-annual coupon of 9.5% APR. If all bonds are found outstanding, payment will total KZT147.3 m (investor's revenue is protected against tenge rise vs US dollar). May 29 - date used by special purpose vehicle TuranAlem Finance B.V. (Rotterdam, the Netherlands) for calculation of a fourth coupon on euronotes of the second issue (XS0148572901; official "А" category listing of KASE, BTASe2; $100.0 m; May 29, 02 - May 29, 07, semi annual coupon of 10.0% APR) fully guaranteed by Bank TuranAlem JSC (Almaty). If all bonds are found in circulation, the payment ahs to total USD5,000.0 th. [2004-05-21]