Investments of Kazakhstan pension funds: common shares of 3M (USA)

/IRBIS, Elena Korpusenko, August 4, 04/ - Common shares of 3M Co. (3M Center, St Paul, MN 55144-1000, USA; www.mmm.com) were included in the register of securities, purchased by Kazakhstan pension market's subjects. ISIN of share - US885579Y101, face value - $0.01; leading stock exchange is NYSE (MMM trade code). Share price at NYSE - $82.93 (August 3, 2004; closing). Within last 52 weeks maximum price was fixed at NYSE on June 30, 04 at $90.29; minimum price (Sept 10, 03) was $68.16. 3M Co. conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company's businesses share technologies, manufacturing operations, brands, marketing channels, and other resources. 3M serves customers in countries located around the world. 3M Co. has long-term credit rating "Aa1" (Feb 4, 98) in domestic currency and short term "P-1" (July 27, 2001) in foreign currency with stable outlook assigned by Moody's Investors Service; issuer rating AA/Stable/A-1 (Feb 10, 98) assigned by Standard & Poor's. At the web-site of Fitch Ratings Ltd. data about ratings of 3M were not found. The presented information about credit ratings is published in rating agencies' electronic representatives in the Internet. Information presented contains data of Bloomberg agency and NYSE. [2004-08-04]