On June 8, 2007 Astana-Finance JSC accomplished placement of Eurobonds issue within the Global Medium Term Note in the amount of Euro 300,000,000 and with 3 year maturity

On June 8, 2007 Astana-Finance JSC accomplished placement of Eurobonds issue within the Global Medium Term Note in the amount of Euro 300,000,000 and with 3 year maturity.

The issue was made under guarantee of Astana-Finance JSC and Astana-Finance Leasing Company through Astana Finance B.V. subsidiary registered in the. Co-arrangers of debt placement were Citygroup and Deutsche Bank (Joint Bookrunners).

Before pricing, investors demand for issue exceeded Euro 500 million. Upon pricing, the coupon rate made up 7,875%, midswap spread equaled 337 basis points. Bond placement with respect to the geographical distribution looks as follows: Germany/Austria - 30%, Great Britain – 24%, Switzerland -13%, Asia – 13%, countries– 7%, other countries – 13%. Funds and companies managing assets acquired 57%, banks – 28%, private businesses and others – 15%.

Fitch Ratings and Moodys preliminarily rated Astana-Finance Eurobonds issue at "BB+" ? "Ba1" accordingly.

updated 09.12.2008

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