OREANDA-NEWS. December 15, 2009. As previously informed, by Kazakhstan Stock Exchange (KASE) Board decision were approved change and addition # 28 (amendments) to the KASE internal document "Regulations of Trades and Confirmation System Operation" (Regulations), reported the press-centre of KASE.

Change and add to a list of cases applying stand-by mode at share trading. In particular, share trading will be switched to a stand-by mode, during which they are held through Frankfurt trade, at matching or crossing of bid and ask, if a price of a prospective deal is deviating from the price of the last deal 10 % in "liquid" shares and 5 % in "illiquid" shares, or in case of absence of deals in such shares during 15 calendar days or more. The lists of "liquid" and "illiquid" shares will form on a quarterly basis in accordance with the KASE internal document "Methodology on determination of security liquidity indicators"

Reduce trade day for "illiquid" shares. Now from 15.00 p.m. through 17.00 p.m. ALT:

- euro settled in tenge on the business second day after a trade (EURKZT_SPT);

- euro settled in dollar on the day of transaction (EURUSD_TOD);

- euro settled in dollar on the next business day after a trade (EURUSD_TOM);

- euro settled in dollar on the second business day after a trade (EURUSD_SPT).

Amendments concerning regulations on trading new financial instruments will become effective from December 14, 2009.

Amendments date of effect concerning changes in illiquid shares trading is postponed from December 14, 2009 to January 1, 2010 to synchronize application of updated Regulations and Methodology of Securities Liquidity Indicators Defining, approved by the KASE Board of December 1, 2009.

Regulations will be published on KASE website at
http://www.kase.kz/files/normative_base/reglament_trade.pdf