Development Bank of Kazakhstan JSC (Kazakhstan) about the 5th coupon payment on its 1st issue bonds

/KASE, August 17, 04/ - Development Bank of Kazakhstan JSC (Astana) has informed Kazakhstan stock exchange (KASE) with the official letter about the fact that on August 16 of 2004 the bank paid the fifth coupon to holders of indexed on tenge devaluation level bonds of the first issue (KZ2CKY05A473; KASE's official "A" listing category; BRKZb1; KZT1,000, KZT4,500.0 m.; February 15, 02 - February 15, 07, semi-annual coupon 8.5% APR). According to issuer's information sum of the payment was KZT106,241,976.01. In accordance with issue terms devaluation/revaluation rate coefficient (Kd), which is used while calculation of indexed face value of bonds by the moment of coupon payment, is calculated as ratio of the current weighted average stock exchange's rate of US dollar (Xt) determined at the morning trade session of KASE to similar rate (Xo) by the date of bonds circulation start (Kd=Xt/Xo, where Xo = 151.96). As of August 16 - actual coupon payment date - the current stock exchange's US dollar rate was KZT135.33. Judging on the mentioned sum of coupon payment 62.4% of the registered bonds were in circulation by register fixation date (July 15, 04). [2004-08-17]