Auction on placement of National Bank’s notes to be held at BSE

Auction on placement of National Bank’s notes to be held at BSE
# 17 October 2006 12:24 (UTC +04:00)
BSE told APA that the volume of the issue is AZN 40mn, face value per note AZN 200, turnover period 27 days. The maturity date is November 15, 2006.
Noncompetitive bids not exceeding 20% of the issue volume are allowed at the auction.
The auction will be held according to the agreement signed between Baku Stock Exchange (BSE) and National Bank of Azerbaijan on July 5, 2006. /APA/
#
#

THE OPERATION IS BEING PERFORMED