National Bank approves report on Kazakhstan Kagazy shares offering results in the period from July 12, 2013 to January 11, 2014

/KASE, February 20, 15/ – Kazakhstan Kagazy JSC (Almaty region, hereinafter the Company), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with a copy of a letter of the National Bank of the Republic of Kazakhstan (National Bank) of February 5, 2015 on approval of a report on placement results of shares of the Company. According to the letter provided: - National Bank of the Republic of Kazakhstan (National Bank) has approved a report on offering results of shares of Kazakhstan Kagazy JSC in the period from July 12, 2013 to January 11, 2014; - As of January 12, 2014, 6,558,659 of the ordinary shares of the Company remained unplaced; its authorized capital is fixed at KZT42,260,997,000.00 The report is published on KASE website in Kazakh and Russian at http://www.kase.kz/files/emitters/KKAG/kkag_placement_results_170215.PDF [2015-02-20]