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

/IRBIS, Galina Tsalyuk, July 1, 04/ - Kazinvestbank JSC (Almaty, previously Kazakhstan International Bank), 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) 1,056,716 1,117,750 Total assets 1,182,493 1,776,155 Liquid assets 96,031 345,675 Loans granted (net) 973,000 1,287,643 Total liabilities 125,777 658,405 Clients' accounts and deposits 109,762 506,035 Borrowed loans 12,582 149,053 Net interest income (loss) 99,052 29,096 Net non-interest income (loss) 121,649 102,804 General administrative expenses 87,111 28,771 Allocation to reserves 33,714 33,113 Net income for the period 77,210 61,034 Book value of one share, KZT 105.67 111.78 --------------------------------------------------------------- No comparative analysis of financial activity of Kazinvestbank JSC for the I quarter of 2004 is given because of absence of adequate data. [2004-07-01]