

Number 1 Brokerage in Kazakhstan
(IRBIS, www.kase.kz, June 2007)
Domestic Lead Manager of KazMunaiGas IPO,
the largest domestic IPO in Kazakhstan history
Visor Capital claims the title of the largest brokerage house in Kazakhstan, with 30.6% of total trading volume, according to figures published in 2006. Large trading volumes have combined well with the impressive equity offerings that Visor has advised on over the past 12 months. The most prominent of these was the KazmunaiGas IPO that combined London GDRs and local shares to value of $2.3 billion in October 2006.