Results of activity of DANABANK JSC (Kazakhstan) in the I quarter of 2004

/IRBIS, Galina Tsalyuk, June 14, 04/ - DANABANK JSC (Pavlodar), whose common shares are circulating in the official "B" listing category of Kazakhstan stock exchange Inc. (KASE), provided KASE with the financial statement for the I quarter of 2004. Following indicators are the result of the issuer's financial and economic activity in the I quarter of 2003, based upon the issuer's information (th. KZT, unless otherwise specified): ----------------------------------------------------------------- As of As of Indicator Jan 1, 04 Apr 1, 04 ------------------------------------------- --------- --------- Authorized capital (paid) 1,000,000 1,000,000 Shareholders' equity (according to balance) 1,064,945 1,064,617 Total assets 2,296,611 2,180,556 Liquid assets 272,012 292,927 Loans to clients (net) 1,756,007 1,693,969 Total liabilities 1,231,666 1,115,939 Clients' accounts and deposits 972,858 879,887 Borrowed loans 246,402 219,186 Total revenues 326,077 85,362 Total expenses 324,842 84,370 Net income for the period 1,235 992 Book value of one share, KZT 1,064.95 1,064.62 ----------------------------------------------------------------- Comparative analysis of results of activity of DANABANK JSC for the I quarter of 2004 and 2003 is not given because the stock exchange has not the bank's financial statement for corresponding period of 2003. [2004-06-14]