OREANDA-NEWS. As announced earlier, Kazakhstan Stock Exchange (hereinafter – KASE or Exchange) shall complete trial operation of the Exchange information systems during which both provisions of the Procedure of execution of deals on the stock market according to scheme T+2 and the Regulations on Conducting Settlements on Securities Transactions under Т+0 Scheme with Full Backing (Gross Settlements) were applicable to transactions in shares of representative list of KASE index.

Following KASE Management Board decision as of December 9, 2015 only
provisions of the T+2 Procedure will be applicable to transactions in the
following ordinary shares

- KZ1C12280018 (KZ0009093241, KZTK) of Kazakhtelecom JSC;

- KZ1C36280010 (KZ0007786572, CCBN) of Bank CenterCredit JSC;

- GB00B0HZPV38 (GB_KZMS) of KAZ Minerals PLC;

- KZ1C33870011 (KZ000A0LE0S4, HSBK) of Halyk Savings Bank of Kazakhstan.

As of November 25, 2015 the T+2 settlement cycle is applicable to transactions in ordinary shares KZ1C51460018 (KZ000A0KEZQ2, RDGZ) of KazMunaiGas Exploration Production JSC and KZ1C59150017 (KZ1C00000876, KCEL) of Kcell JSC.

According to sub-clause 2) of clause 1 of Article 2 of the T+2 Procedure in order to participate in the trades in the said instruments the Exchange members must have the effective status of the stock market clearing participant.

The trading participants shall keep in mind that for these instruments it will still be possible to conclude direct purchase and sale transactions and direct repo transactions with the use of a mechanism of settlements in real time for each individual transaction on T+0 day (gross settlements). It is possible to conclude these transactions in an instrument with the same code but located in a different group of instruments.