Development Bank of Kazakhstan JSC informed about the 4th coupon payment on its domestic bonds of the 1st issue

/KASE, Debruary 17, 04/ - Development Bank of Kazakhstan JSC (Astana) has informed Kazakhstan stock exchange (KASE) with the official letter about the fact that on February 16 of 2004 the bank paid the fourth coupon to holders of indexed on tenge devaluation level bonds of the first issue (KZ2CKY05A473; KASE's official "A" listing category, BRKZb1; KZT1,000, KZT4,500 m.; February 15, 02 - February 15, 07; semi-annual coupon 8.5% APR). According to issuer's information sum of the payment was KZT175,052,398.66. According to issue terms devaluation/revaluation rate coefficient (Kd), which is used while receiving indexed face value of bonds at the moment of coupon payment, is calculated as ratio of the current weighted average stock exchange's rate of US dollar (Xt) determined at KASE's morning session, to similar rate (Xo) on the date of bonds circulation start (Kd=Xt/Xo, where Xo = 151.96). On February 16 stock exchange's current rate of US dollar was KZT139.09. As of January 15 of 2004 - date of register fixation for coupon payment - bondholders were pension market's subjects (66.3% of total volume), commercial banks (29.9%) and other professional participants (3.08%). Judging on the mentioned sum of coupon payment, all registered securities were in circulation by register fixation date. [2004-02-17]