OREANDA-NEWS. July 14, 2010. ATFBank (Almaty), a representative of holders of infrastructure bonds KZ2CKY23B672 (KASE, second subcategory of Non-rated debt securities, DTJLb1; KZT1,000, KZT30.0 bn; 02.08.05 - 02.08.28, annual coupon indexed to inflation rate, 8.85 % APR as for the current coupon, 30/360) of Doszhan temir zholy (DTZ) (Almaty), provided Kazakhstan Stock Exchange (KASE) with a copy of letter of Doszhan temir zholy (DTZ) dated June 30, 2010 No. 383, which reads "in case of bondholders' approval of payment of fine in installments the fine will be paid by DTZ independently", reported the press-centre of KASE.

The letter of Doszhan temir zholy (DTZ) was released at the KASE website at http://www.kase.kz/files/mix/dtjl_letter_10_06_30.pdf

The bonds were issued by DTZ to raise funds for construction of Shar - Ust-Kamenogorsk railway. The bonds defaulted on the fourth coupon (August 2, 2008 through August 2, 2009).