The Lutsk Automobile Plant made its first interest payment on bonds. The amount of interest paid was UAH 3 million 839 thousand. The bonds of OJSC "Lutsk Automobile Plant" are included in the listing of the PFTS trading system. According to the press secretary of the "Bohdan" corporation, which includes OJSC "LuAZ", the buyers of the bonds were Ukrainian and foreign banks, as well as two investment funds. Placement of series A bonds with free circulation has been carried out since June 21, 2005 in book-entry form. The nominal value of a bond is UAH 1 thousand, the issue is 130 thousand units, the issue volume is UAH 130 million. Circulation period - 1,820 days, from June 20, 2005 to June 12, 2010. Offers every 364 days from the issue date, income payment - every 91 days at a rate of 14% per annum (until the first offer). The next interest payment on the bonds will be made on December 19, 2005. The underwriter and paying agent for the bond issue is JSCB "Ukrsotsbank". In May of this year, the independent rating agency "Credit-Rating" assigned the bonds of OJSC "Lutsk Automobile Plant" a rating of the "uaBB" category. LuAZ is one of the leading automakers in Ukraine, specializing in the assembly of "VAZ" and "UAZ" brand cars. In 2004, LuAZ produced 22.3 thousand vehicles, which is 12.3% of the total number of cars assembled in Ukraine during this period. Over the last 12 months (from April 2004 to March 2005 inclusive), the enterprise's revenue amounted to UAH 927 million, which is 9.6% more than in 2004.