KASE determines top exchange repo market operators in October and 10 months of 2008
/KASE, November 4, 08/ - Kazakhstan Stock Exchange (KASE) determined top
exchange repo market operators in October 2008.

Below are the ten most active repo market operators (headquartered in Almaty).
Each participant position is expressed in settlement currency - tenge. The stake
of the active ten in October constituted for 53.3 % of the exchange market
sector turnover.

-----------------------------------------------------------------------------
            Rank:
-----------------                                Activity Ka calculation base
October September                               indicator -------------------
   2008      2008 Company short name                (Ka)    V    N    D    A
------- --------- ----------------------------- --------- ---- ---- ---- ----
      1         1 BTA Bank                           2.51 1.00 0.67 1.00 0.07
      2        12 NURBANK                            2.44 0.77 0.86 1.00 0.02
      3         4 Almaty Investment Management       2.16 0.08 1.00 1.00 0.55
      4         6 RESMI Finance and
                  Investment House                   2.02 0.19 0.69 1.00 0.69
      5         3 Tengry Finance                     1.94 0.06 0.72 1.00 0.71
      6         2 Alliance Bank                      1.90 0.36 0.73 1.00 0.02
      7         9 Asia Broker Services               1.78 0.08 0.61 1.00 0.60
      8         5 Bank CenterCredit                  1.77 0.47 0.48 1.00 0.02
      9         7 BTA Securities                     1.69 0.05 0.34 1.00 1.00
     10        15 PAMO Zhetysu                       1.56 0.36 0.38 1.00 0.05
-----------------------------------------------------------------------------

The newcomers of the active ten as compared with September 2008 are
NURBANK and PAMO Zhetysu having replaced from the top ten:

- Eurasian Bank (the eighth rank in September),

- Halyk Savings Bank of Kazakhstan (the tenth in September).

Totally, except for the National Bank 72 companies concluded deals in
October.

Below is a table of the most active repo market operators in ten months of
2008. Except for the National Bank of the Republic of Kazakhstan, 75
companies concluded deals in the period. The stake of the active ten
constituted for 43.5 % of the repo market turnover.

-------------------------------------------------------------------------------
                                        Activity indicator Calculation base Ka:
Rank Company short name                                    --------------------
                                                      (Ka)     V    N    D    A
---- ---------------------------------- ------------------ ----- ---- ---- ----
   1 Halyk Savings Bank of Kazakhstan                 2.35  1.00 0.54 1.00 0.02
   2 Almaty Investment Management                     2.26  0.13 1.00 1.00 0.66
   3 RESMI Finance and Investment House               2.18  0.36 0.74 1.00 0.56
   4 BTA Securities                                   2.13  0.24 0.59 1.00 1.00
   5 BTA Bank                                        1.943  0.81 0.36 0.94 0.05
   6 Tengry Finance                                  1.939  0.08 0.75 1.00 0.60
   7 Alliance Bank                                    1.84  0.45 0.64 0.93 0.01
   8 Bank CenterCredit                                1.82  0.60 0.44 0.97 0.01
   9 ATFBank                                          1.80  0.63 0.39 0.94 0.06
  10 Asia Broker Services                             1.74  0.18 0.49 1.00 0.55
-------------------------------------------------------------------------------

Names of the following companies have been contracted:
BTA Securities - Subsidiary of BTA Bank - BTA Securities.

An aggregate gross turnover of trades (sum of purchased and sold instruments
in repo opening and closing transactions) has been used in calculations. At that
all repo deals regardless of sector (automatic or nego repo) and repo subject
(GS or CS) were taken into consideration.

KASE draws attention to have ranked the companies in accordance with the
KASE document Methodology on calculation of activity indicators of KASE
members (Methodology), effective January 1, 2008.

The text of the methodology is available at the KASE website at:
http://www.kase.kz/files/normative_base/members_activity.pdf

[2008-11-04]