/UPDATED/ KASE determined leading operators of stock exchange's repo market in November and the first 11 months of 2004

/IRBIS, Sergey Yakovlev, December 6, 04, resending due to mistake in determination of banks' stake during eleven months/ - Kazakhstan stock exchange (KASE) has determined the list of commercial banks - leading operators of stock exchange's foreign currency in Kazakhstan in November of 2004. Bank's position in the list is given according to the stake of deals made by it in total gross turnover of trades (total of purchased and sold foreign currency) on US dollar, euro and Russian ruble in KASE trade system. At that, position of each bank was expressed in total tenge equivalent according to current rate of each concluded transaction. A total of 25 commercial banks participated in making of deals at KASE. Below is the list of top ten operators, given in descending order of their stakes in total deals volume (all headquarters are in Almaty). --------------------------------------------------------------------- Position in Position in Brief Stake in November October name trade 2004 2004 of participant volume, % ----------- ----------- -------------------------------- --------- 1 2 Bank TuranAlem JSC* 17.8 2 1 Halyk saving bank Kazakhstan JSC 16.7 3 3 DB ABN AMRO Bank Kazakhstan CJSC 8.3 4 4 Kazkommertsbank JSC 6.6 5 5 Eurasian bank JSC 4.0 6 7 CITYBANK KAZAKHSTAN CJSC 3.1 7 6 Alliance Bank JSC 2.5 8 9 NURBANK OJSC 2.3 9 10 ATFBank JSC 1.81 10 12 BANK CASPIAN JSC 1.76 --------------------------------------------------------------------- * market-maker on US dollar at KASE Newcomers of the "active ten" relative to October, 2004 is BANK CASPIAN JSC, which have substituted Temirbank JSC (Almaty, the 8th position in October). Below is table of active operators of exchange currency market in the first 11 months of 2004. A total of 28 commercial banks participated in making of deals in this period. ------------------------------------------------------------ Posi- Brief name of Stake in tion company volume of trades, % ----- -------------------------------- ------------------- 1 Halyk saving bank Kazakhstan JSC 15.2 2 Bank TuranAlem JSC 13.5 3 DB ABN AMRO Bank Kazakhstan CJSC 9.0 4 Kazkommertsbank JSC 8.4 5 Eurasian bank JSC 6.1 6 NURBANK OJSC 4.02 7 CITYBANK KAZAKHSTAN CJSC 3.96 8 ATFBank JSC 2.9 9 Temirbank JSC 2.8 10 Bank Centercredit JSC 2.6 ------------------------------------------------------------ In November 2004 volume of operations with foreign currency at KASE equaled to USD1,785.0 m. or KZT233.4 bn. [2004-12-06]