The Board of Directors of "LOGYCOM" JCS (Kazakhstan) decided to sell a share of 51% to "SIFRI "LOGYCOM Perspective Innovations" JCS

/IRBIS, July 5, 2011/ - "LOGYCOM" JCS (Almaty, hereinafter- Company, whose stocks are officially listed at KASE, has provided KASE with the copy of minutes of meeting of the Board of Directors from June 28, 2011. According to the given document, the Board has decided the following: - sell the property of third parties all owned by the company 30,600 ordinary shares of "Joint Investment Fund of Risky Investment "Logycom Perspective Innovations", which represents 51% of the share capital of JSC "Investment Fund of Risky Investment "Logycom Perspective Innovations" for the amount of 29,966,274.0 KZT., on a contract concluded in accordance with the laws of the Republic of Kazakhstan; - in connection with the sale of all of the company's common shares of "Joint Investment Fund of Risky Investment "Logycom Perspective Innovations", to take the company from the shareholders of JSC "Joint Investment Fund of Risky Investment "Logycom Perspective Innovations". [2011-07-05]