KASE determined top operators of exchange corporate bond purchase and sale market for November and 11 months of 2008
/KASE, December 1, 08/ - Kazakhstan Stock Exchange (KASE) determined top
operators of the exchange corporate bond purchase and sale market in
Kazakhstan in November 2008.

Below are the ten most active KASE category "P" members (all headquartered in
Almaty, unless specified otherwise). Totally, except for the National Bank, 46
companies participated in deals conclusion in November 2008. The stake of
the "top-10" constituted for 45.0 % of the exchange secondary corporate bond
market.                

--------------------------------------------------------------------------------
 Rank in:                                                   Calculation base Ka:
                                                   Activity --------------------
Nov. Oct.                                         indicator
2008 2008 Company short name                           (Ka)     V    N    D    А
---- ---- --------------------------------------- --------- ----- ---- ---- ----
   1    1 Subsidiary of BTA Bank - BTA Securities      3.29  0.54 1.00 0.95 1.00
   2    3 Almaty Investment Management                 2.30  0.22 0.86 1.00 0.28
   3    4 RESMI Finance & Investment House             1.90  0.42 0.30 0.75 0.53
   4    5 Alan Securities                              1.86  0.48 0.27 0.90 0.25
   5    8 Astana-finance                               1.76  0.64 0.25 0.75 0.16
   6    9 Asia Broker Services                         1.69  0.14 0.43 0.80 0.41
   7    7 Asyl Invest                                  1.55  0.15 0.35 0.80 0.31
   8    6 Centras Securities                           1.51  0.14 0.37 0.65 0.44
   9    2 Tengry Finance                               1.41  0.05 0.44 0.70 0.28
  10   14 BCC Invest - Subsidiary of Bank
          CenterCredit                                 1.38  0.20 0.29 0.75 0.19
--------------------------------------------------------------------------------

The "top-10" newcomer relative to October 2008 became BCC Invest -
Subsidiary of Bank CenterCredit, having driven out Halyk Finance (the tenth in
October).

Below is the table of the most active KASE category "P" members for 11 months
of 2008. Except for the National Bank, 62 companies participated in deals
conclusion. The "top-10" stake constituted for 64.0 % of the exchange
secondary corporate bond market.
                                   
--------------------------------------------------------------------------------
                                                            Calculation base Ka:
                                                   Activity --------------------
                                                  indicator
Rank Company short name                                (Ka)     V    N    D    А
---- -------------------------------------------- --------- ----- ---- ---- ----
   1 Subsidiary of BTA Bank - BTA Securities           3.80  1.00 1.00 1.00 1.00
   2 RESMI Finance & Investment House                  1.77  0.42 0.32 0.70 0.41
   3 Tengry Finance                                    1.71  0.29 0.49 0.72 0.26
   4 BCC Invest - Subsidiary of Bank CenterCredit      1.44  0.17 0.33 0.71 0.30
   5 Asia Broker Services                              1.39  0.35 0.22 0.57 0.31
   6 Astana-finance                                    1.33  0.40 0.20 0.60 0.16
   7 Alan Securities                                   1.21  0.48 0.16 0.42 0.18
   8 Asyl Invest                                       1.19  0.22 0.26 0.53 0.22
   9 Almaty Investment Management                      1.12  0.12 0.26 0.55 0.24
  10 Kazkommerts Securities (Subsidiary of
     Kazkommertsbank)                                  1.01  0.03 0.20 0.56 0.27
--------------------------------------------------------------------------------

KASE draws attention that the operators were ranked in the table in accordance
with the KASE internal document "Methodology of Kazakhstan Stock
Exchange Members Activity Indicators Calculation" (Methodology), effective
from 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 - in Russian;

http://www.kase.kz/files/normative_base/members_activity_eng.pdf - in English.

[2008-12-01]