/IRBIS, Galina Tsalyuk, October 5, 05/ - Eurasian bank JSC (Almaty, hereinafter - bank), whose bonds are circulating in Kazakhstan stock exchange's (KASE) official "A" listing category, has presented KASE auditor's report of Deloitte & Touche (Almaty) on bank's financial statement for 2004, prepared in compliance with International Financial Reporting Standards (IFRS).

According to the auditor's data, result of the bank's financial and economic activity as on December 31, 2004 is as follows (in th. KZT, unless otherwise indicated):

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                                         December 31, 03  December 31, 04
Indicator
---------------------------------------  ---------------  ---------------
Authorized capital (paid)                      6,000,017        6,000,017
Shareholders' equity                           8,461,110       10,024,989
Total assets                                  50,415,600       78,019,950
Sum of liquid assets                          34,454,011       44,819,115
Offerings and advances to clients (net)       15,468,757       32,058,002
Offerings and loans to banks (net)            11,995,560        7,825,221
Liabilities, total                            41,954,490       67,994,961
Amounts due to banks                           6,132,246        5,520,711
Amounts due to clients                        28,562,964       51,981,045
Issued bonds in circulation                      726,991        3,689,319
Securities, sold on repo operations            6,445,279        6,712,406
Net interest income (before reserves)          1,572,290        2,415,964
Reserves for losses on loans                     501,204          735,146
Net non-interest income                        1,382,206        1,797,129
Operational costs                              1,318,903        1,771,589
Net income                                     1,017,704        1,563,879
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Calculated according to the auditor's data:
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Return on equity (ROE), %                          12.03             3.49
Return on assets (ROA), %                           2.02             2.00
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Audit was performed by Deloitte & Touche in compliance with international auditing standards.

In the opinion of Deloitte & Touche, financial statements exactly in all significant aspects reflects financial position of the bank as of December 31, 2004, and also results of its activity and cash flow for the year, ended on the above date, in compliance with IFRS.

[2005-10-05]