Financial company REAL-INVEST.kz JSC (Kazakhstan) informs about changes and additions in the rules of Favorit IMF

/REAL-INVEST.kz, April 6 06/ - Financial company REAL-INVEST.kz JSC (further - the company) informs about changes and additions in the regulations of Favorit IMF. The changes and additions were approved by the Council of the Company Bord of directors on January 30, 06 and coordinated with Agency of the Republic of Kazakhstan on regulation and supervision of financial market and financial organizations (AFS) on March 24 of 2006. These changes and additions are directed at rising of the attractiveness level of Favorit IMF share for the investors and at improving conditions for shareholders. The commission of the managing company was excluded, according to the new regulations - for 25% success from the growth cost of the fund net assets. By the decision of the Council of the Company director board, dated on April 5 of 2006, the size of commission on the assets regulations will be also reduced from 2% to 1% since May 1 of 2006. Besides, the interval of share repurchase by Favorit IMF has been shortened from once in half year to once in the month Applications for share repurchase will be received on fifteenth of each month. Also, according to changes, the main mass media instrument of Favorit IMF, in addition to the Kazakhstanskaya Pravda Newspaper or the Yegemen Kazakhstan newspaper, will be the site of the company - www.realinvest.kz Resulting the activity from September 1 of 2005 to April 1 of 2006 net profit of Favorit IMF totaled 16.41 APR. [2006-04-06]