The Company paid the fourth coupon to holders

On April 1, 2004, the Company paid the fourth coupon to holders of its bonds of the second issue indexed on KZT devaluation basis (KZ2CKY03A510; category A of the KASE listing, ASFIb2; KZT 100, KZT 4,500.0 million; 01.04.02 - 01.04.05, semiannual coupon of 9.0% p.a.)

The payment was made in compliance with the terms and conditions of the bond issue, stipulating that if the position of KZT to USD improves, the KZT devaluation rate shall be assumed as 1.

As of March 1, 2004 (the register fixation date), 45,000,000 bonds were placed, including 115,600 bonds on the re-issue account.

The total coupon accrued on outstanding securities stood at KZT 201,979,800.00, including KZT 197,534,469.40 paid to bondholders. The withholding tax amounted to KZT 4,445,303.60.

updated 09.12.2008

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