Food contract corporation JSC (Kazakhstan) included in the list of premium quality issuers of promissory notes

/KASE, May 27, 04/ - Food contract corporation JSC (Astana) with bonds listed under official "A" listing category of Kazakhstan Stock Exchange Inc. (KASE) released an announcement for KASE according to which as per resolution of the Board of the National bank dated January 24, 2004 #8, Food contract corporation JSC was included in the list of premium quality issuers of promissory notes for 1 calendar day with rediscount limit of KZT5.0 bn. Moreover, Food contract corporation JSC informed that a syndicated loan for $85 m organized by Kazkommertsbank JSC (Almaty) and Societe Generale (Paris, France) aimed to finance company's operations was named as the best trade finance deal in agriculture industry of Kazakhstan in 2003. Principal activities: the Company purchases and maintains inventory stocks of wheat and grains for the government and performs other functions determined by the Government of the Republic of Kazakhstan. [2004-05-27]