KASE INTRODUCED CHANGES IN MEMBERSHIP FEES AND EXCHANGE DUES

By decision of the Exchange Council of Kazakhstan Stock Exchange (KASE) dated February 28, 2008 were confirmed the changes #11 and 12 to the internal document of KASE Clause about membership fees and exchange dues (Clause), which had taken effect since January 15, 2008. Changes #11 were elaborated due to commercialization of the stock exchange and foresee exclusion of old-fashioned norm, setting the privileged sum of admission fee on category B (with right to participate in trades in foreign currencies) for shareholders of KASE. Changes #11 were addressed for approval to Agency of Republic of Kazakhstan for regulating and supervision over financial market and organizations (AFS) and will take effect since the first working day, following the day of their approval by AFS. Changes #12 were elaborated in accordance to part 11 of the Strategy of KASE development for years 2007-2010 that stipulates elimination of misbalances in the tariff policy of KASE.