KIB ASSET MANAGEMENT JSC has been temporarily deprived of a market maker status over bonds of DB Alpha-Bank OJSC at KASE

/KASE, March 15, 04/ - By the decision of the Board of Kazakhstan Stock Exchange JSC (KASE), beginning on March 15, 2004 KIB ASSET MANAGEMENT JSC (Almaty) has been temporarily deprived of a market maker status at KASE over indexed on tenge devaluation level bonds of Alpha-Bank OJSC of the first issue (KZ2CKY06A497; official "A" listing category, ALBNb1; KZT15,000, KZT1,500.0 m; February 28, 02 - February 28, 08; semiannual coupon of 9.0% APR). The decision was based on inquiry of KIB ASSET MANAGEMENT JSC in accordance with paragraph 20, article 8 of internal document of KASE named "Specification of a market-maker status for the Exchange members on "Р" and "Н" categories, which prescribe that the Board of KASE has a right to temporarily deprive a market maker of a corresponding status, if special circumstances may potentially result in significant losses from typical operations (quoting bid and ask for securities in trading system of KASE) for a specialist (market maker). Calling of abovementioned securities by the issuer is considered such a circumstance, which was informed by the Exchange on March 2, 2004 with the reference to the official notification by DB Alpha-Bank OJSC. [2004-03-15]