FSA registered issue of announced shares of Bank CenterCredit JSC (Kazakhstan) and changes in specification of share issue

/KASE, June 24, 05/ - Bank CenterCredit JSC (Almaty), whose shares and bonds are traded in Kazakhstan stock exchange's (KASE) official "A" listing category, has presented to KASE a copy of certificate issued by Kazakhstan agency for financial market and financial organizations regulation and supervision (FSA) about the state registration of bank's announced shares issue dated June 21 of 2005. According to the certificate the issue has been divided into 70,316,695 common shares KZ1C36280010 and 10,000,000 privileged shares KZ1P36280116 convertible into common shares. The issue has been included in the state securities register under the number А3628. By registration date the bank had offered and paid 45,316,695 common shares. Authorized capital was formed in the amount of KZT9,063,339,000. FSA also registered changes in specification of share issue of Bank CenterCredit JSC, according to which minimum guaranteed size of dividend per one privileged share KZ1P36280116 in presence of negative or zero net income of the bank is KZT0.01. In other cases dividend rate is floating depending on inflation rate. Bank says its Board of directors took the decision about offering of 5,000,000 common and 10,000,000 privileged shares on June 22 of 2005. Offering price of each share is no less than KZT200.00. It's planned to offer shares among unlimited range of persons taking into account realization of priority right of purchase by bank's shareholders. [2005-06-24]