UKTMP JSC (Kazakhstan) to hold auction on additional floatation of its second issue common shares on January 12 in its office

/KASE, December 28, 04/ - Ust-Kamenogorsk titanium-magnesium plant JSC (UKTMP JSC, Ust-Kamenogorsk), whose shares are traded in Kazakhstan stock exchange's (KASE) official "A" listing category, has informed KASE about holding of auction on additional floatation of the company's second issue common shares. The auction will be held on January 12 of 2005 at 12:00 of local time at the address: Ust-Kamenogorsk, UKTMP JSC, office 307. This share issue was registered by Kazakhstan agency for financial market and financial organizations regulation and supervision on March 15 of 2004. In the state securities register this issue has the number АО 0550. Total number of shares of this issue, which have NIN KZ1C05500018, is 971,190 units. As was informed before, by the decision of the Board of directors of UKTMP JSC dated March 18 of 2004 floatation price of this issue shares is KZT140 per 1. According to the extract from securities holders register as of May 19 of 2004 announced authorized capital of UKTMP JSC was KZT119,780,100.00, paid - KZT40,751,140.00. A total of 2,037,557 company's shares had been floated by the mentioned date, including 107,910 privileged shares. Company's primary activities - production and sale of non-ferrous metals (high-quality titanium sponge, commercial magnesium). [2004-12-28]