Income coefficients of Kazakhstan pension funds in Apr 2003 - Apr 2004 according to AFN

/IRBIS, Assel Omarova, May 21, 04/ - Kazakhstan Agency on financial market and financial organization regulation and supervision (the Agency) has calculated coefficients of real and nominal returns of accumulative pension funds (APF) operating in Kazakhstan for April 2003 - April 2004. Data appears in the table below. In this table IRBIS agency incorporated the data of the National bank and the Agency on net assets under APFs management (assets minus liabilities on commissions charged and deferred pension benefits) at May 1, 2003 and May 1, 2004. Assets are expressed in US dollar terms at the weighted average exchange rate determined in the course of Stock Exchange trades at mentioned dates. In parentheses the difference with previous month is given. ------------------------------------------------------------------------------- Net assets, USD m Real. Nominal. ------------------- Name of income income at at PAMC or APF coefficient K3 coefficient K2 May 1, 04 May 1, 03 ----------------------------- -------------- -------------- --------- --------- Pension assets management company ABN AMRO Asset Management CJSC ------------------------------------------------------------------------------- КNPF Phillip Morris -2.14 (-2.06) 4.22 (-2.20) 6.325 4.810 Kazakhstan JSC APF KAPITAL JSC -0.58 (-0.84) 5.89 (-0.89) 23.620 8.295 ABN AMRO-KaspiyMunaiGas -0.94 (-0.40) 5.50 (-0.43) 204.313 138.769 APF JSC ------------------------------------------------------------------------------- Pension assets management company ZHETYSU JSC ------------------------------------------------------------------------------- APF UlarUmit CJSC -0.87 (-0.52) 5.57 (-0.56) 499.978 324.938 ------------------------------------------------------------------------------- Pension assets management company BTA Asset Management JSC ------------------------------------------------------------------------------- PAPF Kazakhstan JSC -1.43 (-0.35) 4.98 (-0.37) 83.335 54.097 POAPF Kurmet JSC -2.45 (-0.39) 3.89 (-0.42) 120.935 82.567 OAPF OTAN JSC 0.14 (-0.09) 6.65 (-0.09) 48.346 26.032 ----------------------------- -------------- -------------- --------- --------- Private pension assets management company Activ - Invest CJSC ----------------------------- -------------- -------------- --------- --------- APF Valut-Tranzit Fund CJSC -0.78 (-0.16) 5.67 (-0.17) 115.189 63.344 ------------------------------------------------------------------------------- Pension assets management company BESTINVEST CJSC ------------------------------------------------------------------------------- OAPF SENIM CJSC -2.79 (-0.44) 3.53 (-0.47) 127.108 91.928 APF Korgau JSC -2.18 (-0.41) 4.18 (-0.44) 42.274 29.446 PAPF NefteGas-Dem CJSC -1.25 (-0.24) 5.17 (-0.26) 73.515 47.342 ----------------------------- -------------- -------------- --------- --------- Pension assets management company NUR-TRUST CJSC ------------------------------------------------------------------------------- APF Narodniy pensionniy -0.97 (-2.13) 5.46 (-2.27) 63.094 38.545 fond JSC PAPF of open type named after D.A. Kunayev JSC -2.46 (+0.13) 3.88 (+0.14) 7.765 6.055 ----------------------------- -------------- -------------- --------- --------- OCIMPA ALPHA - TRUST JSC ------------------------------------------------------------------------------- APF Kazakhmys JSC -1.70 (-0.87) 4.69 (-0.92) 81.323 61.365 ------------------------------------------------------------------------------- APF independently managing pension assets ------------------------------------------------------------------------------- APF of Halyk Bank -0.34 (-0.69) 6.14 (-0.74) 706.252 452.822 of Kazkahstan JSC SAPF CJSC -0.72 (-0.94) 5.73 (-1.00) 673.877 526.921 ------------------------------------------------------------------------------- Weighted average coefficient of real income on pension assets of accumulative pension funds mentioned above including SAPF for April - April 2004, according to the Agency's data, is minus 0.93% (minus 0.26% and minus 0.73% 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 106.5 (106.5; 106.4) for the period. [2004-05-21]