EDB International Bonds Listed on Special Trading Platform of Regional Financial Centre of Almaty in the Securities of International Financial Organisations sector

8 May 2009, Almaty. Yesterday, 7 May 2009, in accordance with the Resolution of the Board of the Kazakhstan Stock Exchange (KASE), international bonds of the Eurasian Development Bank were listed on the special trading platform of the Regional Financial Centre of Almaty in the Securities of International Financial Organisations sector.

KASE assigned the EDB’s bonds the aEABRK280414 code. These bonds were issued as part of the medium-term note programme totalling US$3.5 billion. The international identification code (ISIN) of this issuance is XS04026508627. The total nominal value of the issuance is 15 billion tenge, the nominal value of each note is 10 million tenge, and the bonds will become due in April 2014. In the first year of circulation, the coupon rate will be fixed at 15% per annum, and then a floating rate will be adopted as an inflation rate in Kazakhstan plus 1.00% per annum. Coupons will be paid twice a year; the calculation basis is ‘actual/360’. The bonds were assigned credit ratings by Moody’s, S&P and Fitch as A3 / BBB / BBB respectively.

JSC “Kazkommerts Invest” will act as a market maker for this issuance on the special trading platform of the Regional Financial Centre of Almaty with a minimum volume of compulsory quotation equal to one note (10,000,000 tenge par value). Paying agents are Citibank, N.A. (London, the UK) and Citibank Kazakhstan (Almaty); the stock exchange agent is JSC “Kazkommerts Invest”.