Moody’s confirms KTZ’s and Kaztemirtrans’ ratings; outlook stable

Moody's confirms KTZ's and Kaztemirtrans' ratings; outlook stableMoody’s Investors Service has today confirmed JSC National Company Kazakhstan Temir Zholy’s (“KTZ”) Baa3 issuer rating and the Baa3 rating of the senior unsecured eurobonds, amounting to USD800 million, issued by Kazakhstan Temir Zholy Finance B.V., a special purpose financial company, and guaranteed by KTZ and its operating subsidiaries.

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Press-release on the results of Kazatomprom’s activity for the 1st quarter of 2010

Press-release on the results of Kazatomprom’s activity for the 1st quarter of 2010Uranium production volume in the Republic of Kazakhstan for the 1st quarter of 2010 made up 4,060 tU that is 63% more in comparison with the same period of the last year. Such growth resulted from the increase of production at nearly all enterprises of the Holding, including the start of production at Baiken-U LLP and Kyzylkum LLP mines, and pilot production by JV Akbastau JSC.

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Economy stabilizes, industrial production increases – Q1 2010 results

Economy stabilizes, industrial production increases - Q1 2010 resultsDespite some decline caused by the global financial crisis the socio-economic development of Kazakhstan demonstrates good dynamics. Summing up the results of the first three quarters of 2010 the Government reports on 6.5% growth (compared to the same period in 2009). It is no wonder that the experts highly appreciated the anti-crisis policy launched in Kazakhstan.

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