Since August 11 eurobonds of Russia's Ministry of finance of two issues have been admitted to circulation at KASE

/KASE, August 9, 04/ - On the basis of application of TuranAlem Securities JSC (Almaty) dated July 26 of 2004 and letter of Central depository of securities CJSC (CS, Almaty) dated July 29 of 2004, by the decision of Kazakhstan stock exchange's (KASE) Board since August 11 of 2004 eurobonds of Russian Federation's Ministry of finance of two issues have been admitted to circulation at KASE: Below is bonds structure and other important parameters, which potential participants of trades should know about. Information is published in accordance of data of TuranAlem Securities JSC, Central depository of securities CJSC, Moscow interbank currency exchange (MICEX), Bloomberg LP and Information agency Cbonds (Sain Petersburg). Russia, 2028 --------------------------------------------------------------- Type of bond: government bonds of Russian Federation's foreign debt ISIN: XS0088543193 Euroclear, Clearstream), US78307AAE38 (DTC) Common code: 008854386 CUSIP: 78307AAE3 Issue currency: USD Issue volume in issue currency: 2,500,000,000 Issue date (circulation start): June 24, 1998 Circulation term: 30 years Maturity date: June 24, 2028, put-option June 28, 2008 at face value Type of coupon: semi-annual fixed Coupon rate: 12.750% APR Dates of coupon payments: June 24 and December 24 of each year Register fixation dates for June 24 and December coupon payment: 24 of each year Register fixation date at maturity: June 24, 2028 Time basis at all settlements: 30/360 ----------------------------------- --------------------------- Credit ratings: Moody's Baa3 S&P BB+ Fitch BB+ Price at the primary floatation: 98.437% Lead-managers of floatation: Deutsche Bank, JP Morgan ----------------------------------- --------------------------- Secondary market parameters (Bloomberg, Aug 4, 04): price (ask / bid, %) 145.6250 / 145.8750 yield (ask / bid, % APR) 8.32 / 8.30 Secondary market parameters (Cbonds, Aug 5, 04): weighted average price, % 146.37 yield to maturity nominal, % APR 8.26 yield to maturity effective, % APR 8.43 ----------------------------------- --------------------------- Trade code of KASE: RU_01_2806 Quotation system at KASE: in clean prices, % Quotation accuracy at KASE: 4 decimal figures Market-maker at KASE: TuranAlem Securities JSC Volume of compulsory USD13,500 at face value quotation of market-maker: Date of trades opening at KASE: August 11 of 2004 --------------------------------------------------------------- Russia, 2030 ---------------------------------------------------------------------------- Type of bond: government bonds of Russian Federation's foreign debt ISIN: XS0114288789 (Euroclear, Clearstream), US78307ACZ49 (DTC) Common code: 011528406 CUSIP: 78307ACZ4 Issue currency: USD Issue volume in issue currency: 18,400,000,000* Issue date (circulation start): Aug 28, 2000** Circulation term: 10,625 days (29.6 years) Final maturity date: Mar 31, 2030 Debt amortization dates: Mar 31 and Sep 30 of each year, starting from Mar 31, 2007 ------------------------------------------- ------------------------------- Schedule of debt amortization by information of admission initiator, % of debt's face value: from Mar 31, 2007 till Sep 30, 2008 - 0.5% from Mar 31, 2009 till Mar 31, 2010 - 2.0% Sep 31, 2010 - 2.5% from Mar 31, 2011 till Sep 30, 2018 - 3.0% from Mar 31, 2019 till Sep 30, 2020 - 4.0% from Mar 31, 2021 till Sep 30, 2022 - 3.0% from Mar 31, 2023 till 30.2009.24 - 2.0% from Mar 31, 2019 till Sep 30, 2020 - 4.0% from Mar 31, 2021 till Sep 30, 2022 - 3.0% from Mar 31, 2023 till Sep 30, 2024 - 2.0% from Mar 31, 2025 till Mar 31, 2030 - 0.5% Register fixation dates at maturities: at the beginning of payment making day ------------------------------------------- ------------------------------- Type of coupon: semi-annual, multi-step Dates of coupon payments: Mar 31 and Sep 30 of each year Coupon rate, % APR: Sep 30, 2000 - 2.25 Mar 31, 2001 - 2.50 from Mar 31, 2001 till Mar 30, 2007 - 5.00 from Mar 31, 2007 till Mar 30, 2030 - 7.50 Register fixation dates Mar 31 and Sep 30 of each year for coupon payment: Time basis at all settlements: 30/360 ------------------------------------------- ------------------------------- Credit ratings: Moody's Baa3 S&P BB+ Fitch BB+ Price at the primary floatation: data is absent Lead-managers of floatation: Citigroup, JP Morgan ------------------------------------------- ------------------------------- Secondary market parameters (Bloomberg, Aug 4, 04): price (ask / bid, %) 91.7660 / 91.8910 yield (ask / bid, % APR) 7.81 / 7.79 Secondary market parameters (Cbonds, Aug 5, 04): weighted average price, % 92.28 yield to maturity nominal, % APR 7.73 yield to maturity effective, % APR 7.88 ------------------------------------------- ------------------------------- Trade code of KASE: RU_02_3003 Quotation system at KASE: in dirty prices, % Quotation accuracy at KASE: 4 decimal figures Market-maker at KASE: TuranAlem Securities JSC Volume of compulsory quotation of market-maker: USD13,500 at face value Date of trades opening at KASE: Aug 11, 2004 ---------------------------------------------------------------------------- * shown according to data of Bloomberg LP, admission initiator (TuranAlem Securities JSC) and CD; according to data of MICEX (floated volume) - 18,325,091,304 USD, according to data of Cbonds (issue volume) - 18,336,205,145 USD; ** the shown date is given according to data of Bloomberg LP as the date of issue payment and MICEX as floatation date; according to information of Cbonds - Sep 30, 2000 as floatation completion date; initiator of securities admission at KASE and CD give Mar 31, 2000 as issue date (circulation start). For organization of trades in the mentioned securities at KASE there has been created a new sector - Sector of trades in foreign government securities. [2004-08-09]