/KASE, March 31, 10/ - Kazakhstan Stock Exchange (KASE) based on received documents informs the terms of VESNET (Pavlodar) government holding of shares (SBS) selling terms in the KASE trading system.

Trades opening date - April 2, 2010.

Trades initiator - the Committee on State Property and Privatization of the Ministry of Finance of the Republic of Kazakhstan (the Committee).

Authorized sales broker - the company CAIFC.

SBS characteristics

SBS consists of 235 common shares KZ1C45370018 (23.5 % from the authorized capital of VESNET), 1,000 units issue was registered by the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations on August 24, 2004.

Lot limits

SBS will be traded with the entire lot of 235 shares under code NZ_VESN_23.5.

Guarantee fee

A potential buyer must transfer to the KASE correspondent account prior to trades beginning a guarantee fee in the size of KZT9,053,855.34 at: correspondent account 900161427 in the Monetary Transactions Department of the National Bank of the Republic of Kazakhstan, BIC 190201125, TRN 600200049149, payment code - 171 (GROSS-system).

Trades schedule

Trades on KASE will be executed by the continuous counter auction method from April 2, 2010 till SBS sale.

SBS must be quoted by buyers on Kazakhstan tenge per share accurate within the second decimal.

The trades order is regulated by the KASE internal document "Regulations on Trading Methods", available on KASE website at see more

Settlement

Settlements by trades results will be made in compliance with article 7 of the KASE internal document "State Blocks of Shares. Order of Admittance to Sale on Trades and Settlements based on Trades Results", available on KASE website at see more

According to this document a deal amount, excluding the KASE commission and previously transferred guarantee fee, must be entered by a SBS buyer in Central Securities Depository (Almaty) account during seven working days from the day of its conclusion.

Additional information

Applications to participate in trades can be submitted only by KASE stock market category members. Investors may apply through these legal entities. The full list of such members is available on KASE website at see more

The Committee does not set for investors any limits, which means shares on trades can be bought by any individual or legal entity, both residents and non- residents of the Republic of Kazakhstan.

VESNET - production of all types of communications, electrical, electronic, energy equipment, including fibro-optical, and office automation equipment.

[2010-03-31]