Board of Directors of Kazakhstan Kagazy JSC (Kazakhstan) decided to approve the transactions, in which it has an interested

/IRBIS, Nadezhda Chipirova, October 21, 09/ - Kazakhstan Kagazy JSC (Almaty region., hereinafter - company), whose securities are included in the official list of Kazakhstan Stock Exchange (KASE), provided to KASE with the copies of minutes of meetings of the Council of Directors of October 9 -12, 2009. According to documents, provided by the Board of Directors took the following decisions: - to approve the sale to the third party -5% share in the authorized capital of EKOTRADE ASIA LLC, belonging to the company for a nominal cost of $ 1,750.0; - to approve the sale to the third party - 95% share in the authorized capital of EKOTRADE ASIA LLC, belonging to the company for a nominal cost of $ 33,250.0; - to approve the conclusion between the company and the EBRD-party transactions, in which has in interest. [2009-10-21]