OREANDA-NEWS. On August 22, 2008 Kazakhstan Stock Exchange (KASE) informed that government mid-term treasury obligations of the Ministry of Finance of the Republic of Kazakhstan (MEOKAM) will be repeatedly placed on KASE August 27, 2008 in accordance with the terms specified below (Almaty time), reported the press-centre of KASE.

The recurrent auction will be executed by the specialized trades' method regulated by the KASE internal document "Regulations on Trades Execution Methods", available at http://www.kase.kz/geninfo/normbase/methods.pdf

Orders for participation in the specialized trades can be submitted only by the category "K" KASE members (the right to participate in trades in government securities circulating on the Exchange), which are considered as primary dealers by the rules below mentioned. Investors can submit orders through these legal entities. The complete list of KASE category "K" members is published on the Exchange website at http://www.kase.kz/kasemembers/

The "net" (without accrued interest) price of security in percent of bond face value, expressed within the fourth decimal place must be indicated as the price in the order. This indicator is a subject of trade.

MEOKAM are issued in compliance with Rules on Issue, Placement, Servicing and Maturity of Government Treasury Obligations of the Republic of Kazakhstan (Rules of Issue, http://www.kase.kz/mix/newgko.pdf ), approved by resolution No. 941 of the Government of the Republic of Kazakhstan of September 8, 2004, and are placed based on Rules of Placement of Government Treasury Obligations of the Republic of Kazakhstan (http://www.kase.kz/geninfo/normbase/mekam_placement.pdf ) approved by the KASE Council decision of December 29, 2004.