OREANDA-NEWS. On October 19, 2007 Bank CenterCredit JSC (Almaty), which is the Representative of holders of mortgage bonds of Kazakhstan Mortgage Company JSC (Almaty, hereinafter - the Company) of the following issues, reported the press-centre of KASE:

- KZ2CKY05B216 (KASE's category "A" official list, KZIKb5; KZT1,00, KZT5,0 bn; June 1, 06 - April 1, 09, semi annual coupon indexed on inflation rate, 11,59% APR for current period);

- KZ2CKY07B220 (KASE's category "A" official list, KZIKb6; KZT1.00, KZT5.0 bn; June 1, 04 - April 1, 11, semi annual coupon indexed on inflation rate, 11.59% APR for current period);

- KZPC1Y03B142 (KASE's category "A" official list, KZIKb9; KZT1,00, KZT5,0 bn; March 1, 05 - March 1, 08, semi annual coupon 4,90% APR);

- KZPC2Y05B145 (KASE's category "A" official list, KZIKb10; KZT1,00, KZT5,0 bn; March 1, 05 - March 1, 10, semi annual coupon 5.69% APR);

- KZPC1Y10B543 (KASE's category "A" official list, KZIKb11; KZT1.00, KZT5.0 bn; April 10, 05 - April 10, 15, semi annual coupon 6,90% APR);

- KZPC2Y12B547 (KASE's category "A" official list, KZIKb12; KZT1,00, KZT5,0 bn; April 10, 05 - April 10, 17, semi annual indexed on inflation rate coupon 7,50% APR for current period);

- KZPC3Y01B548 (KASE's category "A" official list, KZIKb15; KZT1,00, KZT5,0 bn; January 15, 07 - January 15, 08);

- KZPC4Y10B547 (KASE's category "A" official list, KZIKb16; KZT1.00, KZT5.0 bn; January 15, 07 - January 15, 17, semi annual indexed on inflation rate coupon)

has provided Kazakhstan stock exchange (KASE) the Deed of check-up of Company's financial state as of October 1, 2007.

On the basis of conducted analysis Representative informs that as of October 1, 2007, the Company is stable, solvent and is able to meet its liabilities on coupon payments to the holders of above-mentioned bonds.

Corresponding deed of check-up of company's financial state is available on the web site of KASE at http://www.kase.kz/emitters/kzik.asp