OREANDA-NEWS. On October 14, 2008 By the decision of Kazakhstan Stock Exchange (KASE) Council of October 9, 2008, JV ERKA LLP (Taldykorgan) was refused the inclusion of its bonds KZ2P0Y05D171 into KASE official list, the second sub-category of category "Non-rated debt securities", reported the press-centre of KASE.

According to item 3 of article 18 of KASE Listing Rules (http://www.kase.kz/geninfo/normbase/listing_rules.pdf) the decision on inclusion  of securities into the KASE official list is made by the simple majority of voices from the total number of voices of Exchange Council members.

The less number of voices means the refusal of these securities listing. For inclusion of bonds of JV ERKA LLP into KASE official list, the second sub-category of category "Non-rated debt securities" voted 9 members of the Exchange Council, against - 2, abstained - 5.

The issue of bonds KZ2P0Y05D171 (KZT1, KZT2.5 bn. 5 years; floating semiannual coupon, depending on inflation rate, 30/360) of JV ERKA LLP was registered by the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (AFS) on August 25, 2008 and included into the Government Securities Register under # D17.

The main type of the company's activities - is production and realization of starter lead storage batteries.