OREANDA-NEWS. On May 13, 2008 Risk Committee of Kazakhstan Stock Exchange Inc. (KASE) accepted the decision to excluded bonds of first issue (NIN - KZ2CKY05A739, trade symbol - KZPSb1) of Kazpost JSC (Almaty) from the representative list for calculation of indices KASE_BY, KASE_BP and KASE_BC beginning May 13, 2008 due to circulation period exporation, reported the press-centre of KASE.

Moreover, the Risk Committee of KASE accepted the decision beginning May 13, 2008 when calculating KASE_BP index the exchange will apply adjustment coefficient (E), equal to 1.0013683, at calculation of KASE_BC - 1.0018523, KASE_BY - 0.9668299. Before the indicated date, K for KASE_BP index was equal to 1.0010697, for KASE_BC - 1.0015004 and 0.9668823 for KASE_BY correspondingly.

KASE_BY shows the weighted average (through the issue volume) yield of corporate bonds of category "A" of KASE official list, calculated on the deals of the last resultant for each bond, listed on the representative list, day.

KASE_BP - is the index of prices of corporate bonds of official list of category "A", calculated with account of the accrued interest thereon,  including that not paid yet ("dirty" prices index).

KASE_BC - is the index of corporate bonds of official list of category "A", calculated by "net" prices (the prices without account of the interest accrued, expressed in the percentage to the security nominal value).

All indicated indices are computed by KASE once a day according to the results of trades in corporate bonds.

Price share of bonds of each name in indicators values is limited by 15%. At  that only the volume of the bonds offered and not repurchased by the issuers  is taken into account in accordance with the documents, available at KASE. The  limit is insured through the aforementioned adjustment coefficient use.

Indices calculation methodology is regulated by the KASE internal document "Stock Market Indicators Calculation Methodology", which is available at: http://www.kase.kz/geninfo/normbase/indicators_met.pdf