Schedule of events at corporate debt market of Kazakhstan from MArch 28 till April 1 of 2005

/IRBIS, Yelena Korpusneko, February 25, 05/ - In the period from March 28 till April 1 of 2005 at stock market of Kazakhstan corporate debt the following events are planned. March 28 - actual date on which BTA Mortgage JSC pays the fifth coupon to holders of its first issue bonds (KZ2CKY07A867; official KASE "B" listing category, BTAIb1; KZT10,000, KZT500.0 m; Dec 26, 03 - Dec 26, 10, floating semi-annual coupon of 10.00%APR for the current period) If all bonds are in circulation the sum of payment will be equal to KZT12.5 m. According to issue terms the coupon is to be paid no later than April 8, 2005 inclusive. March 28 - actual date on which Valyut-Tranzit-Bank JSC pays the eighths coupon to holders of its bonds of the first issue (KZ2CUY05A425; official KASE "A" listing category, VTBNb1; $100, $10.0 m; Sep 27, 01 - Sep 27, 06, semi-annual coupon of 9.5%APR for the current period). If all bonds are in circulation the sum of payment will be equal to $475.0 th. tenge equivalent at current rate per Exchange data effective as of payment date. Settlement date (March 27) falls on day-off. March 28 - register of holders of indexed on tenge devaluation level subordinated bonds of Bank TuranAlem JSC (Almaty) of the second issue (KZ2CKY08A535, KASE's official "A" listing category, BTASb2; KZT15,000 KZT3,750.0 m.; Apr 29, 02 - Apr 29, 10; semiannual coupon of 9.00%) is fixed. Register is fixed for the sixth coupon payment. Since March 29 till April 29 of 2005 the bonds will be quoted at KASE without accumulated interest. March 31 - register of holders of mortgage bonds of Kazakhstan Mortgage Company (Almaty) of the second issue (KZ2CKY10A853, KASE's official "A" listing category, KZIKb2; KZT1, KZT2,700.0 m.; Aug 11, 03 - Oct 1, 13; indexed on inflation semiannual coupon of 9.50% for current period) is fixed. Register is fixed for the fourth coupon payment. Since March 31 till April 1 of 2005 the bonds will be quoted at KASE without accumulated interest. March 31 - register of holders of mortgage bonds of Kazakhstan Mortgage Company (Almaty) of the third issue (KZ2CKY10A986, KASE's official "A" listing category, KZIKb3; KZT1, KZT5,000.0 m.; Dec 1, 03 - Apr 1, 14; indexed on inflation semiannual coupon of 8.70% for current period) is fixed. Register is fixed for the third coupon payment and partial advance redemption. On March 31 and April 1 of 2005 the bonds will be quoted at KASE without accumulated interest. March 31 - register of holders of mortgage bonds of Kazakhstan Mortgage Company (Almaty) of the fourth issue (KZ2CKY10B075, KASE's official "A" listing category, KZIKb4; KZT1, KZT5,000.0 m.; Jan 1, 04 - Apr 1, 14; indexed on inflation semiannual coupon of 8.20% for current period) is fixed. Register is fixed for the third coupon payment and partial advance redemption. On March 31 and April 1 of 2005 the bonds will be quoted at KASE without accumulated interest. March 31 - register of holders of mortgage bonds of Kazakhstan Mortgage Company (Almaty) of the fifth issue (KZ2CKY05B216, KASE's official "A" listing category, KZIKb5; KZT1, KZT5,000.0 m.; Jun 1, 04 - Apr 1, 09; indexed on inflation semiannual coupon of 8.09% for current period) is fixed. Register is fixed for the second coupon payment. On March 31 and April 1 of 2005 the bonds will be quoted at KASE without accumulated interest. March 31 - register of holders of mortgage bonds of Kazakhstan Mortgage Company (Almaty) of the sixth issue (KZ2CKY07B220, KASE's official "A" listing category, KZIKb6; KZT1, KZT5,000.0 m.; Jul 1, 04 - Apr 1, 11; indexed on inflation semiannual coupon of 8.09% for current period) is fixed. Register is fixed for the second coupon payment. On March 31 and April 1 of 2005 the bonds will be quoted at KASE without accumulated interest. March 31 - register of holders of mortgage bonds of Kazakhstan Mortgage Company (Almaty) of the seventh issue (KZ2CKY07B303, KASE's official "A" listing category, KZIKb7; KZT1, KZT5,000.0 m.; Jun 1, 04 - Apr 1, 11; indexed on inflation semiannual coupon of 6.90% for current period) is fixed. Register is fixed for the first coupon payment. On March 31 and April 1 of 2005 the bonds will be quoted at KASE without accumulated interest. March 31 - register of holders of mortgage bonds of Kazakhstan Mortgage Company (Almaty) of the eighths issue (KZ2CKY10B315, KASE's official "A" listing category, KZIKb8; KZT1, KZT5,000.0 m.; Oct 1, 04 - Oct 1, 14; indexed on inflation semiannual coupon) is fixed. Register is fixed for the first coupon payment. On March 31 and April 1 of 2005 the bonds will be quoted at KASE without accumulated interest. April 1 Kazakhstan Mortgage Company JSC pays fourth coupon to holder of its bonds of second issue. If all bonds are found in circulation, the amount of payment total KZT 128.3 m. April 1 Kazakhstan Mortgage Company JSC pays third coupon to holder of its bonds of third issue. If all bonds are found in circulation, the amount of payment total KZT 217.5 m. April 1 Kazakhstan Mortgage Company JSC according to issue terms holds partial advanced repayment of its bonds of the third issue for a total amount KZT500.0 m. April 1 Kazakhstan Mortgage Company JSC pays third coupon to holder of its bonds of fourth issue. If all bonds are found in circulation, the amount of payment total KZT 205.0 m. April 1 Kazakhstan Mortgage Company JSC according to issue terms holds partial advanced repayment of its bonds of the fourth issue for a total amount KZT500.0 m. April 1 Kazakhstan Mortgage Company JSC pays second coupon to holders of its bonds of fifth issue. If all bonds are found in circulation, the amount of payment total KZT202.3 m. April 1 Kazakhstan Mortgage Company JSC pays second coupon to holders of its bonds of sixth issue. If all bonds are found in circulation, the amount of payment total KZT 202.3 m. April 1 Kazakhstan Mortgage Company JSC pays first coupon to holders of its bonds of seventh issue. If all bonds are found in circulation, the amount of payment total KZT 202.3 m. April 1 - register of holders of euronotes of special purpose vehicle Kazkommerts International B.V. (Rotterdam, the Netherlands) of the third issue (XS0167149094, KASE's official "A" listing category, KKGBe4; $500.0 m.; Jun 16, 03 - Jun 16, 13; semiannual coupon of 8.50%APR) is fixed. Register is fixed for the fourth coupon payment. On April 1 - 15 of 2005 the bonds will be quoted at KASE without accumulated interest. April 1 - Bank CenterCredit JSC (Almaty) pays the sixth coupon to holders of its indexed on tenge devaluation subordinated bonds of the second issue (KZ2CKY07A503; official KASE "A" listing category, CCBNb2; KZT15,000, KZT1,500.0 m; Apr 1, 02 - Apr 1, 09, semi-annual coupon of 10.00%APR). If all bonds are in circulation the sum of payment will be equal to KZT75.0 m (income of holders is protected against tenge appreciation versus dollar). April 1 - Astana-Finance JSC (Astana) repays the principal and sixth coupon to holders of its indexed on tenge devaluation bonds of the second issue (KZ2CKY03A510; official KASE "A" listing category, ASFIb2; KZT100, KZT4,500.0 m; Apr 1, 02 - Apr 1, 05, semi-annual coupon of 9.00%APR). If all bonds are in circulation the sum of payment will be equal to KZT4,702.0 m (income of holders is protected against tenge appreciation versus dollar). April 1 - NAC Kazatomprom JSC (Almaty) pays the sixth coupon to holders of its indexed on tenge devaluation bonds of the first issue (KZ2CKY05A523; official KASE "A" listing category, KZAPb1; KZT100, KZT2,300.0 m; Apr 1, 02 - Apr 1, 07, semi-annual coupon of 8.50%APR). If all bonds are in circulation the sum of payment will be equal to tenge equivalent of $641.4 th. at current rate per Exchange data effective as of payment date. [2005-03-25]