Issue, circulation and maturity terms of the 3rd tranche international notes of Development Bank of Kazakhstan JSC

/IRBIS, Assel Omarova, June 2, 05/ - Following is the characteristics of the 3rd tranche international notes of Development Bank of Kazakhstan JSC (Astana), which is given in accordance with their inclusion in Kazakhstan stock exchange's (KASE) official "A" listing category. The issue was made within the frameworks of EMTN Programme. Data is shown in accordance with conclusion of KASE's Listing commission and documents presented by the issuer to the exchange. -------------------------------------------------------------------------------- Type of securities: coupon bearer notes Debt type: senior unsecured insubordinate ISIN: XS0220743776 Issue and servicing currency: USD Issue volume in issue currency: 100,000,000 Payment date (circulation start): June 3, 05 Circulation term: 15 years Maturity date: June 3, 20 Coupon type: semi-annual Coupon interest: 6.5% APR Dates of coupon payment: June 3 and December 3 of each year Times basis at all settlements: ISMA-30/360 ---------------------------------------------- --------------------------------- Issue manager: UBS Limited (London) Trusty: Deutsche Trustee Company Limited (London) Major payment agent: Deutsche Bank AG London (London) Payment agent: Deutsche Bank Luxemburg S.A. (Luxemburg) ---------------------------------------------- --------------------------------- Date of primary floatation: May 26, 05 Price at the primary floatation: 97.665% Yield to maturity during floatationразмещении: 6.75% годовых Date if inclusion in trade lists of KASE: June 2, 05 Date of first trades on KASE: will be determined later Trade code of KASE: BRKZe3 Quoting system on KASE: % from the face value without accumulated interest (in clean prices) Accuracy of price changing at quoting: 4 decimal figures Market-maker on KASE: Bank TuranAlem JSC (Almaty) Minimal volume of compulsory quotation: 14,700 US dollars ---------------------------------------------- --------------------------------- Credit ratings of the issue: Fitch: BBB- Moody's: Baa3/positive S&P: BBB- Credit ratings of the issuer: Fitch: BB-/stable/F3. support - 2 Moody's: Baa3/positive S&P: BBB-/stable/A-3 -------------------------------------------------------------------------------- Detailed information about the issuer and his securities is available on KASE's web-site at http://www.kase.kz/emitters/brkz.asp [2005-06-02]