ANALYSIS: 30 most capitalized listing companies of KASE as of May 1 of 2006 (share market)

/IRBIS, Sergey Yakovlev, May 5, 06/ - IRBIS the information agency of financial markets (Almaty) has complied top-30 of most capitalized companies, shares of which are in Kazakhstan stock exchange's (KASE) official securities list. Table of ranking as of morning May 1 of 2006 and comparable data as of morning April 1 of 2006. ---------------------------------------------------------------------------------- As of May 1, 06: As of Apr 1, 06: Change of: Brief or ---------------------- ---------------------- ---------------- abbreviated po- capita- stake po- capita- stake capita- stake, name of company si- lization, of com si- lization, of com lization, perc. (all - JSC) tion m. USD pany, % tion m. USD pany, % m. USD points ------------------- ---- --------- ------- ---- --------- ------- --------- ------ CNPC-Aktobemunaygas 1 9060.1 25.5 1 5992.2 20.4 +3067.9 +5.06 Bank TuranAlem 2 5458.1 15.4 4 5541.0 11.4 -82.9 +3.95 Kazkommertsbank 3 4545.2 12.8 2 3420.7 18.9 +1124.5 -6.10 Kazakhtelecom 4 4334.0 12.2 3 3346.6 11.7 +987.4 +0.53 KAZZINC 5 2887.0 8.12 6 2797.4 8.2 +89.6 -0.10 Halyk bank 6 2673.1 7.52 5 2411.6 9.54 +261.4 -2.02 Alliane-Bank 7 1052.2 2.96 9 1203.0 2.55 -150.8 +0.41 ATFBank 8 824.3 2.32 7 1038.8 4.10 -214.5 -1.78 Bank CenterCredit 9 571.6 1.61 8 747.4 3.54 -175.8 -1.93 UKTMC 10 563.2 1.58 11 481.3 1.16 +80.7 +0.42 TEXAKABANK 11 496.7 1.40 10 341.3 1.64 +155.4 -0.24 BANK CASPIAN 12 445.2 1.25 15 266.0 0.63 +179.2 +0.62 Nurbank 13 331.8 0.93 14 231.7 0.74 +100.1 +0.19 KazTransCom 14 306.9 0.86 19 217.9 0.27 +89.0 +0.60 Astana-finance 15 287.1 0.81 12 185.1 0.91 +102.0 -0.10 Aluminium of Kazakhstan 16 241.3 0.68 13 114.5 0.79 +126.8 -0.11 Mangistaumunaygas 17 227.2 0.64 16 111.0 0.39 +116.2 +0.25 Temirbank 18 196.4 0.55 18 84.8 0.29 +111.6 +0.26 Kazakhinstrakh 19 155.9 0.44 20 78.4 0.27 +77.5 +0.17 Valut-Tranzit-Bank 20 136.6 0.38 17 78.3 0.38 +58.3 +0.01 PavlodarES 21 116.1 0.33 22 77.8 0.25 +38.3 +0.08 Corporation Ordabasy 22 84.2 0.24 25 72.2 0.20 +12.0 +0.04 CHARALTYN 23 80.3 0.23 21 65.8 0.27 +14.5 -0.04 TNC Kazchrome 24 63.5 0.18 24 61.6 0.21 +2.0 -0.03 Temirleasing 25 50.0 0.14 26 58.9 0.20 -8.8 -0.06 Kazinvestbank 26 49.3 0.14 32 58.0 0.07 -8.8 +0.07 Chimfarm 27 48.9 0.14 23 44.4 0.22 +4.5 -0.09 AOEP 28 45.8 0.13 27 25.6 0.15 +20.2 -0.02 Tsesnabank 29 30.7 0.09 28 23.0 0.09 +7.7 -0.00 ROSA 30 23.8 0.07 29 22.5 0.08 +1.2 -0.01 ---------------------------------------------------------------------------------- Abbreviations Halyk bank - Halyk savings bank of Kazakhstan JSC; UKTMC - Ust- Kamenogorsk titanium-magnesium combine JSC; Kazakhinstrakh - Foreign insurance company Kazakhinstrakh JSC; AOEP - Aktyubinsk oil equipment plant JSC. In order to get exact brief names of other companies one should put "JSC" after the name. Notes Company market capitalization is value, equal to the product of the number of the company's shares (common and preferred), which are in circulation, and price of the last deal, made on KASE in the shares. Number of paid shares is determined by KASE as difference between the number of announced shares and number of shares on issue and re-issue accounts of the issuer (including nominal holding), as well as shares, which, according to nominal holder, are in issuer's ownership. It's notable that in company's market capitalization calculation KASE considers new number of paid up shares not at the date of complying the extract from the register, but at the date of receiving the extract by the exchange (at the date of its processing by the exchange). disadvantages of such the method are obvious. However using other methods is impossible since KASE calculates capitalization daily, takes it into account in indexes and can not recalculate these indicators backdating. According to the Listing rules, companies, whose securities have been included in KASE's official securities list, must at present to the exchange extracts from shareholders registers system as of the beginning of each calendar quarter. Each extract is processed by KASE either o the day of receipt, or on the next business day. However, many issuers present extracts with a considerable delay (from several days to several months). Although, among companies, which present extracts with the biggest delay, as a rule there are derivative organizations, authorized capitals of which change seldom. Price of the last deal is used while calculating company's market capitalization on KASE as now regardless whether the deal was market one of nego. If no deals were made in shares of any company on KASE, and all issues of such shares have been registered by authorized bodies in the old legal framework, shares face value is taken into account during calculation. If share issue has been registered in a new legal framework (in other words the notion of face value exists only for company's founders while forming dues), in case of absence of deals in this issue shares equals to zero. While calculating companies market capitalization at ranking date deals, made on KASE in the shares on that day, are not considered. In other words, capitalization is calculated by the results of the last trades, preceding to ranking date. Company's market capitalization is calculated in Kazakhstan tenge. It's converted into US dollars at weighted average rate of tenge to dollar, formed at KASE's morning session on the last business day, preceding to ranking date. Company's stake, % is the indicator, received by ascription of company's market capitalization to total capitalization of exchange's market of shares of KASE's official securities list and expressed as percentage. As of May 1 of 2006 it was USD35,542.2 m. KASE's official securities list comprised 91 shares of 63 issuers. [2006-05-05]