Euronotes of Kazakhstan, ISMA

/IRBIS, Assel Omarova, November 15, 04/ - Below is table of quotations of Kazakhstan issuers' international bonds (including notes of sovereign debt) by the results of trading day of November 12, 2004 from ISMA according to data of the information system of REUTERS. Prices are shown as percentage, yield - as percentage per annum on semi-annual basis, trends are shown relative to previous trading day and corresponding value of one- week prescription. ----------------------------------------------------------------------------- Yield on ask price Bid Ask --------------------- --------------- --------------- change for quota- trend, quota- trend, -------------- Code ISIN tion 1 day tion 1 day value 1 day 7 days ------ ------------ ------- ------ ------- ------ ----- ------ ------ ENT-07 XS0111078183 117.490 +0.160 117.940 +0.360 3.689 -0.069 -0.245 KZTOe1 XS0132391938 107.200 -0.170 107.700 0 3.909 +0.096 -2.015 KKGBe3 XS0146008171 110.170 +0.110 110.920 +0.170 5.662 -0.050 -2.199 KKGBe5 XS0190240324 101.090 +0.610 101.840 +0.840 7.708 -0.092 +0.007 KKGBe4 XS0167149094 105.980 +0.330 106.610 +0.210 7.526 -0.052 +1.367 BTASe1 XS0131688227 109.430 +0.180 110.000 +0.150 5.934 -0.077 -1.481 BTASe2 XS0148572901 103.080 +0.530 103.830 +0.580 7.190 -0.116 -1.110 BTASe3 XS0168848801 98.750 +0.330 99.500 +0.450 8.191 -0.052 +3.767 BRKZe1 XS0155792186 107.500 0 107.750 0 4.340 -0.002 -2.132 BRKZe2 XS0179958805 107.180 -0.020 107.680 +0.180 6.315 +0.002 -0.762 PKKRe1 XS0162680382 112.180 +0.850 112.930 +0.850 6.815 -0.185 -1.187 ATFBe1 XS0191061794 102.300 +0.500 102.800 +0.500 7.410 -0.226 -0.041 ATFBe2 XS0205381717 102.760 +1.120 103.650 +1.300 8.188 -0.276 - HSBKe1 XS0202799580 104.530 +0.640 105.530 +0.840 7.012 -0.153 +3.180 ----------------------------------------------------------------------------- [2004-11-15]