/KASE, July 28, 08/ - ATFBank JSC (Almaty), acting as the Representative of
holders of infrastructure bonds KZ2CKY23B672 (KASE category "A" official list,
DTJLb1; KZT1 000, KZT30.0 bn.; 02.08.05 - 02.08.28, the annual coupon
indexed on the inflation rate, 8.05 % APR for the current coupon period, 30/360)
of Doszhan Temir Zholy JSC (DTZ) (Almaty), informed Kazakhstan Stock
Exchange (KASE) by the official letter on receiving written notification of
Doszhan Temir Zholy JSC (DTZ) (The Company) in compliance with which, the Company
has temporary money deficit for forthcoming annual coupon interest payment on
offered infrastructure bonds KZ2CKY23B672 as of August 2, 2008.
According to ATFBank`s JSC letter, now the Company conducts events on
borrowing money for realization of this payment in terms, provided by mentioned
bonds issue prospect.
ATFBank`s JSC letter informs that in case of the Company's default, ATFBank
will start the procedure of government guarantee on project's construction and
exploitation of new railway line "Station Shar - Ust-Kamenogorsk".
The letter of ATFBank is available on the KASE website
at
http://www.kase.kz/files/mix/letter_atfb.pdf
[2008-07-28]