Freedom Holding Corp. — Director's Dealing 2004

Dec 27, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BMB MUNAI INC (BMBM)
CIK: 0000924805
Period of Report: 2004-12-23

Reporting Person: AGAIAN ALEXANDRE (Director, President & co-CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-23	Common	S	500	$5.54	Disposed	485214	Direct