OREANDA-NEWS. On October 01, 2007 Kazkomemrtsbank JSC (Almaty), shares and bonds of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list had provided KASE with the press-release of next contention, reported the press-centre of KASE:

Agency Standard & Poor's, leading world indices supplier, included Kazkommertsbank to the investment index S&P/IFCG Extended Frontier 150, entering to the family of indices S&P/IFCG Frontier Markets. In October will be announced about inclusion of leader of banking system of Kazakhstan to the other index of this family - S&P/IFCG Extended Frontier 30.

Representing this news, leading analyst of developing countries of Standard & Poor's Index service Taber Johnson had noted: "The appointment of given index gives the issuers an opportunity for attracting of larger circle of investors. It is connected to that foreign management companies are mainly investing money to companies, having such indices. And investors are now very interested in order to have securities of issuers from such frontier markets in their portfolios".

Actually, due to S&P/IFCG Extended Frontier 150 is opening the access to markets, which majority of funds' managers earlier considered as not appropriate for investment goals because of prevalence of majority of small companies with non-liquid shares on them.

Let us remind that S&P/IFCG Extended Frontier 150 Index - first totally investment index on stock markets of Frontier Markets category – appeared on the market in the middle of August 2007 and includes to itself the most liquid securities of largest issuers from more than 30 countries of Eastern Europe, Asia, Africa, Near East, Latin America and Caribbean basin.

Kazakhstan in given index, regular information for which will be provided by Kazakhstan stock exchange (KASE), is provided by four companies, including Kazkommertsbank.

Except this, it informs that with inclusion into indices S&P/IFCG Extended Frontier 150 and S&P/IFCG Extended Frontier 30 Kazakhstan immediately had taken the good position - 5th and 2nd places correspondingly. Also Kazakhstan will be included to S&P emerging market index, including 57 countries. And in October Index service of Standard & Poor's plans to issue new index of ultra-liquid shares, by which will be traded ETF (funds, circulating on exchnages). To this index will be included global depositary receipts, bases assets of which are shares of Kazkommertsbank JSC.

Index service of Standard & Poor's, world leader in the field of provision of indices and index data, supports the wide family of investment and sample indices, corresponding the various needs of investors. To the family of S&P indices among others are included index S&P 500 (to it are directly connected the passively managing assets for amount of $1,3 tr., except this on it are orienting the antively managing funds with total volume $4,8 tr.) and S&P Global 1200 index (joint index, including main indices of seven largest regions and countries of the world). Additional information is available at: www.standardandpoors.com/indices