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BSE Holds Auction on Placement of Notes of National Bank

Business Materials 28 August 2007 19:55 (UTC +04:00)

On August 29, 2007 from 11:00 to 12:30 an auction on the placement of notes of the National Bank will be held on Baku Stock Exchange (BSE).

The state registration number of the Notes is 50103516S. The volume of the issue is AZN 60,000,000, volume put-up in auction AZN 50,000,000, face value per note AZN 200, turnover period 28 days. The maturity date is September 26, 2007.

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

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