/IRBIS, Galina Tsalyuk, October 5, 04/ - Zerde OJSC (Almaty), whose common shares are circulating in the stock exchange's official "B" listing category, provided KASE with financial statement for the first half of 2004.

Following indexes are result of the issuer's financial and economic activity for the period, based on the issuer's data (in th. KZT, unless otherwise specified):

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                                  as of      as of  Change
Index                         Jul 1, 03  Jul 1, 04       %
----------------------------  ---------  ---------  ------
Authorized capital (paid-up)     75,000     75,000     0.0
Shareholders' equity             77,999     80,157    +2.8
Total assets                     78,410     80,834    +3.1
Accounts receivable              34,898     11,991   -65.6
Liabilities, total                  412        677   +64.5
Accounts payable                    412        400    -2.8
Revenues (total)                  5,093     13,323  +161.6
Expenses (total)                  3,860     11,565  +199.6
Net income (loss)                   810      1,400   +72.8
Book value of one share, KZT       1.04       1.07    +2.8
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Relative to similar period of 2003 following accounts increased (all figures in tenge unless otherwise indicated):

• shareholders equity - KZT 2.1 m including retained earnings on the same amount;
• assets - 2.4 m, including securities investments - 13.2 m, deposits - 1.3 m, other assets - 10.8 m, accounts receivables fell by 22.9 m;
• liabilities - 265.5 th, including deferred taxes - 80.0 th. and other liabilities - 186.0 th;
• revenues - 8.2 m;
• expenses - 7.7 m.

Net income Zerde OJSC earned in first half of 2004 exceeded its figure of similar period of 2003 by KZT 590.0 th.

Company's primary activities - maintenance of securities holders register.

[2004-10-05]