PAVLODARENERGO JSC (Kazakhstan) has provided KASE with an excerpt from registers system of shareholders complied as of January 1, 2008

/KASE, January 14, 08/ - PAVLODARENERGO JSC (Pavlodar), being the listing company of Kazakhstan stock exchange's (KASE), has presented KASE an excerpt from registers system of shareholders as of January 1, 2008. Kazregister JSC (Almaty) is the register holder of the company. By data of the registrar as of January 1, 2008 total amount of announced common shares of PAVLODARENERGO JSC was 200,000,000 copies (only common KZ1C49190016), from which 123,599,957 shares were offered. The holders of five and more percents from total amount of offered shares of the company as of specified date were: ---------------------------------------------------------------- Names, Amount of Stake from offered locations shares, copies shares, % ------------------------------ -------------- ------------------ TSATEK JSC (Almaty) 98,599,958 79.77 KAPITALIMPORTCORP LLP (Almaty) 19,999,999 16.18 ---------------------------------------------------------------- [2008-01-14]