UKTMP JSC (Kazakhstan) informed of its common shares auction results of the second issue

/KASE, January 21, 05/ - 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 that on January 12, 2005 the company held an auction on additional floatation of its common shares of the second issue. The auction was held in accordance with Resolution on organization and holding auctions on additional floatation of the shares of the second issue, approved by the Board of Directors of UKTMP JSC on December 3, 2004. In course of auction 12 lots were sold comprising 12,733 common shares each, enabling the company to float all of its shares. No information on prices is given. As previously informed by the decision of the Board of Directors of UKTMP JSC dated March 18, 2004 the offer price was approved at KZT140 per 1 share. The issue consisting of 971,190 common shares KZ1C05500018, was registered by the Agency for financial market and financial organization supervision and control on March 15, 2004. According to the extract from the shareholders register system as of May 19, 2004 the authorized capital of UKTMP JSC amounted KZT119,780,100.00, paid in capital - to KZT40,751,140.00. As of mentioned date 2,037,557 shares of the Company was floated, including 107,910 preferred. Company's primary activities - production and sale of non-ferrous metals (high- quality titanium sponge, commercial magnesium). [2005-01-21]