On participation of Astana Finance JSC in financing of a Ceramic Brickyard in Kokshetau City

In the course of nine years Astana Finance JSC operates successfully in the market of financial and investment services. During this period Astana Finance JSC was recognized as a reliable partner providing a broad range of financial services of a high quality.

Today Astana Finance JSC is well-known for its activity in implementing the investment projects totaling more than US$70 000 000.

One of the undoubtedly promising and largest projects in Kazakhstan will be a ceramic brickyard project in. The planned production capacity of it is 60 000 000 conditional bricks per a year. The brickyard will use the modern high-tech equipment manufactured by the "Solincer s.l." Company () to produce the facing ceramic bricks and the large-size and porous construction blocks meeting the international standards of a high level.

Implementation of this project will satisfy the building sector’s ever-increasing need for the high-quality construction materials in and contribute to creating the new employment. The scheduled date of production start-up is the beginning of year 2008.

The "Investment and Developer Company "Capital Management" Ltd represents the initiator of the said project. The company named "ENKI Ltd" was set up to support the implementation of this project.

The 17.5 million concrete plant "Ecoton+" for production of aerated concrete materials as per German technology with capacity 138 000 m³/year and participation in the "Ecoton-Batys" project for construction of concrete plant (in Aktobe City) with capacity 190 000 m³/year serve as an example of the successful investment activity of Astana Finance JSC.

As before the participation in implementation of the innovation projects will mark the priority directions of the Company’s activity aimed at establishing a production line of the import substitution nature.

updated 09.12.2008

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