/IRBIS, December 6, 2011/ - "Kedentransservice" JCS (Almaty, hereinafter - Company), whose stocks are officially listed at KASE, has provided KASE with the copy of minutes of meeting in absentia of the Board of Directors from November 4, 2011.

According to the provided document, the Board of Directors decided to approve the carriage rent agreement with TransContainer JCS on the following terms:

• Determine that the rental rate to be agreed by the parties of the lease, is not less than 800 rubles per day for each car, excluding 18% VAT;
• The number of cars subject to lease, make no more than 500 units at a time;
• The treaty enters into force upon signature by both parties, subject to approval by its Board of Directors of the landlord, and is valid until 31 December 2012 inclusive.

[2011-12-06]