Press Release: Kazatomprom Applies for a Credit Rating from International Credit Agencies

JSC NAC Kazatomprom (Kazakhstan), one of the world's largest uranium producers, has mandated Citigroup Global Markets Limited (UK) to act as an exclusive financial advisor in receiving credit ratings from international credit agencies and sole lead manager of coming debut Eurobond, planned for 2006.

 “Kazatomprom needed a trusted advisor in its debut rollout in the debt capital markets. We chose Citigroup with whom we have closely worked in the past, including debut syndicated loan successfully co-arranged by Citigroup earlier this year”- - said Mukhtar Dzhakishev, CEO Kazatomprom

  “It is an honor for us to support Kazatomprom in its debut eurobond, having many years of close relations with this company" - said Dan J Connelly, CEO Citibank Kazakhstan, Citigroup subsidiary in Kazakhstan.