OREANDA-NEWS. July 13, 2009. Kazakhstan Stock Exchange (KASE) informs on July 8, 2009 it held in Grand Hotel Tien Shan (Almaty) the annual general meeting of shareholders with the following decisions made, reported the press-centre of KASE:

- to approve audited consolidated annual financial statements of KASE for 2008;

- to approve KASE annual report for 2008;

- to approve the following order of distribution of net income of KASE for 2008:

  - not to compute and not to pay dividend on shares of KASE for 2008;

  - to allocate 10 % of net income for payment of bonuses according to results of the year;

  - to allocate 90 % of net income of the exchange for material and technical development of KASE;

- to determined BDO Kazakhstanaudit as an auditing organization to audit annual financial statements of KASE for 2009.

The audit consolidated annual financial statements of KASE according to results of 2008:

- own capital of the group grew KZT145.4 m or 12.1 % to KZT1,346.6 m;

- assets remained almost unchanged - KZT1,427.0 m, falling KZT9.6 m or 0.7 % against December 31, 2007;

- liabilities decreased by KZT155.1 m or 65.9 % to KZT80.4 m;

- income grew KZT110.7 m or 10.6 % to KZT1,158.8 m;

- expenses grew KZT210.9 m or 25.5 % to KZT1,037.6 m;

- consolidated net income of the group for 2008 reached KZT121.2 m, which is 45.3 % less than in 2007.

The audited consolidated annual financial statements of KASE for 2008 is available at: http://www.kase.kz/files/for_shareholders/kasef6_2008.pdf

The KASE 2008 report is available at: http://www.kase.kz/files/reports/2008_ru.pdf