Interest rate for the 2nd coupon period on the 1st issue bonds of Mining and smelting concern Kazakhaltyn JSC (Kazakhstan) is 9.70% APR

/KASE, December 2, 04/ - Mining and smelting concern Kazakhaltyn JSC (Akmola oblast, Stepnogorsk) has informed Kazakhstan stock exchange (KASE) by the official letter that as per Prospect of issue of indexed to the level of tenge devaluation company's bonds of the first issue (KZ2CKY05B133, KASE's official "A" listing category, KZALb1, KZT1, KZT2,800.0 m., June 2, 04 - June 2, 09, semi-annual coupon indexed by inflation rate) for the second coupon period rate of coupon premium was determined in the amount of 9.70% APR of bond's face value. The message says that the rate has been set in compliance with data of Kazakhstan statistics agency, published on the web-site of National Bank, in accordance with which consumer price index (inflation rate) for September 2003 was 107.7. Having deducted 100 from this figure and having added two the issuer calculated a new coupon rate. In the previous coupon period interest rate on bonds of Mining and smelting concern Kazakhaltyn JSC was 9.00% APR. [2004-12-02]