Kazakhstan Mortgage Company JSC (Kazakhstan) meets solvency criteria - Bank CenterCredit JSC

24.02.06 16:46
/KASE, February 24, 06/ - Bank CenterCredit JSC (Almaty), which is the representative of holders of mortgage bonds of Kazakhstan Mortgage Company JSC (Almaty) of the following issues: - KZ2CKY05B216 (KASE's official "A" listing category, KZIKb5; KZT1, KZT5,000.0 m.; June 1, 04 - April 1, 09, semi-annual coupon indexed on inflation rate, 8.29% APR); - KZ2CKY07B220 (KASE's official "A" listing category, KZIKb6; KZT1; KZT5,000.0 m.; June 1, 04 - April 1, 11; semi-annual coupon indexed on inflation rate, 8.29% APR); - KZ2PC1Y03B142 (KASE's official "A" listing category, KZIKb9; KZT1; KZT5,000.0 m.; March 1, 05 - March 1, 08; fixed semi-annual coupon, 4.90% APR); - KZPC2Y05B145 (KASE's official "A" listing category, KZIKb10; KZT1, KZT5,000.0 m.; March 1, 05 - March 1, 10, fixed semi-annual coupon, 5.69% APR); - KZPC1Y10B543 (KASE's official "A" listing category, KZIKb11; KZT1, KZT5,000.0 m.; April 10, 05 - April 10, 15, fixed semi-annual coupon, 6.90% APR); - KZPC2Y12B547 (KASE's official "A" listing category, KZIKb12; KZT1, KZT5,000.0 m.; April 10, 05 - April 10, 17, semi-annual coupon indexed on inflation rate, 7.50% APR); - KZPC3M07B142 (KASE's official "A" listing category, KZIKb13; KZT1, KZT5,000.0 m.; October 15, 05 - May 15, 06); Has informed Kazakhstan stock exchange (KASE) by the official letter that on the basis of analysis of Kazakhstan Mortgage Company JSC's financial condition and conclusion of independent auditor as of January 1, 2006 the company us stable and solvent. No circumstances able to cause breaking of rights and interests of bondholders have been found. Text of the act of Kazakhstan Mortgage Company JSC's financial condition check up is available at http://www.kase.kz/emitters/kzik.asp [2006-02-24]