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Freedom Holding Corp. Director's Dealing 2005

Jul 18, 2005

30574_dirs_2005-07-18_731c69d7-3434-4ac8-acf7-c1d2d2ed049a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BMB MUNAI INC (BMBM)
CIK: 0000924805
Period of Report: 2005-07-14

Reporting Person: KUNAYEV MIRGALI (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-07-14	Common Stock	S	285137	$4.75	Disposed	858434	Direct
2003-11-26	Common Stock	J	0	—	Acquired	2552152	Indirect

Footnotes

F1: Mr. Kunayev owns a 33.33% interest in BMB Munai, LLC. The 2,552,125 common shares represent Mr. Kunayev's proportionate
interest in the BMB Munai, Inc., common shares owned by BMB Munai, LLC.