/KASE, October 19, 05/ - Ust-Kamenogorsk titanium -magnesium combine JSC (UKTMC JSC, Ust-Kamenogorsk), whose shares are traded in Kazakhstan stock exchange's (KASE) official "A" listing category, has presented to KASE the extract from securities holders register complied as of July 1, 2005. Company's register holder is Registration System of Securities JSC (Almaty).

By the mentioned date total number of announced shares of UKTMC JSC was 1,942,380, privileged - 107,910. The company's shares are fully floated.

By the mentioned date company had 4 holders of common and 2,970 holders of privileged shares. Following entities owned stake of 5% and more of total number of company's offered shares:

------------------------------------------------------------------------
                               Number of shares, units
                             -------------------------          Stake in
Shareholder or                                         authorized (paid)
nominal holder               KZ1C05500018 KZ1P05500114        capital, %
---------------------------- ------------ ------------ -----------------
Individual (Ust-Kamenogorsk,
Kazakhstan)                        97,120        5,452              5.00
Central securities
depository JSC
(Almaty, Kazakhstan)*             431,639       46,647             23.33
Specialty Metals Company
(Brussels, Belgium)             1,402,830        6,102             68.72
------------------------------------------------------------------------
* nominal holder

[2005-10-19]