BSE to Place National Bank’s Notes

Business Materials 14 October 2008 20:32 (UTC +04:00)

Azerbaijan, Baku, 14 October / Trend / On October 16, 2008 from 11:00 to 12:30 an auction on placement of notes of National Bank will be held on BSE.

The state registration number of Notes is 50104119S. The volume of the issue is AZN 50,000,000, volume put-up in auction AZN 20,000,000, face value per note AZN 200, turnover period 27 days. The maturity date is November 12, 2008.

Noncompetitive bids not exceeding 20% of the issue volume are allowed at the auction.