/KASE, March 15, 10/ - The Agency of the Republic of Kazakhstan on regulation
and supervision of financial market and financial organizations (FSA) presented
Kazakhstan Stock Exchange (KASE) with a copy of resolution No. 31 of FSA
Board "On suspension of placement of coupon uncollateralized bonds of ASIA
AUTO dated March 1, 2010.
1. Suspend placement of coupon uncollateralized bonds of ASIA AUTO after
the company failed to pay interest on the earlier coupons.
2. The resolution is effective after approval.
FSA informed - according to the second paragraph of item 2 of article 25 of the
Law of the Republic of Kazakhstan "On Securities Market" registrar of ASIA
AUTO, Kompania Registrator (Almaty), and Central Securities Depository
(Almaty) must suspend registration of deals on placement of serial securities
after the receipt of the ruling of on the suspension.