OREANDA-NEWS. September 02, 2007. By the decision of the Exchange council of Kazakhstan stock exchange (KASE) dated August 29, 2007 common shares KZ1C02900013 (trading code - ALKZ) and preferred stocks KZ1P02900515 (ALKZp) of Aluminum of Kazakhstan JSC (Pavlodar) are to be excluded from KASE's official "B" listing category starting from December 2, 2007, reported the press-centre of  KASE.

The given decision was adopted on the basis of subparagraph number eight of the paragraph one of the article 20 of the internal document of KASE, Listing rules because of systematical (more than five times) failure to execute the requirements on disclosure of information by Aluminum of Kazakhstan JSC. The requirements have been set by resolutions of Executive committee of the Agency of Republic of Kazakhstan for regulating and supervision over financial market and organizations (AFS) dated March 15 of 2004 #63 and dated March 30 of 2007 #73, and also by Listing rules.

More detailed information on the reason of delisting of the specified shares is presented in the conclusion of Listing commission of KASE that is published in Internet at http://www.kase.kz/emitters/scan/alkz/alkz_delist.pdf