Common shares of Kcell Included in representative list for KASE index calculation


As of February 1, 2013 common shares KZ1C59150017 (KZ1C00000876, KCEL) of Kcell (Kazakhstan) included in representative list for KASE index calculation.

/KASE, January 11, 13/ - Kazakhstan Stock Exchange (KASE) notifies that based on the decision of the Committee on Indices and Securities Valuation (hereinafter - the Committee) of January 10, 2013 common shares KZ1C59150017 (KZ1C00000876, KASE official list, first category, KCEL) of JSC "Kcell" (Almaty)are included in the representative list of shares for KASE Index calculation from February 1, 2013.

When including these shares in the representative list members of the Committee took into consideration the following facts, which in their opinion let common shares of JSC "Kcell" be considered ones of the most liquid on KASE not only for the time being, but also in the medium run:

- JSC "Kcell" has sold through KASE trading system by way of subscription and special trading sessions 4.7 mln of the said shares to the amount of KZT7.5 bn. 20 Exchange members took part in the subscription, 15 - in the special trading sessions; in total 286 trade accounts were used to buy shares in Kazakhstan;

- selling of common shares of JSC "Kcell" occurred simultaneously with the

  offering of global depositary receipts with common shares of JSC "Kcell" as underlying asset on the global market and listing of those global depositary receipts on the London Stock Exchange;

- within one month after the opening of trading on KASE secondary market

  common shares of JSC "Kcell"  occupy the third position in the shares liquidity ranking by far overtaking six of the seven shares of KASE Index representative list in terms of liquidity.

Common shares of JSC "Kcell" were included in the first category of KASE official list as of November 29, 2012. Their trading started on December 13, 2012. Since December 14, 2012 these shares are in the list of first class liquidity shares composed for December 2012 - January 2013.

More details on the said shares' issue is published today on its website on KASE website.