/REPETITION/ HALYK FINANCE ANNOUNCES CONDUCTING ON NOVEMBER 16 OF PRESENTATION FOR PROSPECTIVE INVESTORS FROM KAZAKHSTAN IN RUN-UP TO PROPOSED OFFERING OF INTERNATIONAL BONDS OF DEVELOPMENT BANK OF KAZAKHSTAN

/KASE, November 14, 12, November 8, 12 news repetition/ - JSC "Subsidiary organization of Halyk Bank of Kazakhstan "Halyk Finance" (Almaty, in the heading - JSC "Halyk Finance"), a member of Kazakhstan Stock Exchange (KASE), provided today to KASE the following communique: quote NOT FOR RELEASE, DIRECTLY OR INDIRECTLY, OUTSIDE THE REPUBLIC OF KAZAKHSTAN (IN PARTICULAR, NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN). JSC "Development Bank of Kazakhstan", rated BBB+ (S&P) / BBB- (Fitch) / Baa3 (Moody's), has mandated J.P.Morgan, VTB Capital and JSC Halyk Finance as Joint Lead Managers and Bookrunners to arrange a series of investor meetings commencing on November 16, 2012 for prospective international and local investors with a view to considering an issue under its Medium Term Note Programme of U.S.$ 2 bn, subject to market conditions and successful completion of the Tender Offer that was announced on November 5, 2012 to purchase up to U.S.$500 mln. of the principal amount of U.S.$ 777 mln. 5.50% Notes of JSC "Development Bank of Kazakhstan" due 2015. JSC Halyk Finance is announcing a presentation for prospective Kazakhstani investors to be held in Kazakhstan on November 16, 2012 in Almaty at 15.00 Almaty time at the premises of Halyk Bank located at: 109 "B", Abai Ave., 1st floor, Block 10. To get additional information and to register for the presentation please contact the following representative of JSC "Halyk Finance": Farkhad Okhonov, tel. 8 (727) 330-01-52, fax 8 (727) 259-05-93, e-mail: FarhadO@halykbank.kz Oleg Khvan, tel. 8 (727) 330-09-82, fax 8 (727) 259-05-93, e-mail: OlegH@halykbank.kz Zhanar Altybayeva, tel. 8 (727) 330-66-14, fax 8 (727) 259-05-93, e-mail: ZhanarA4@halykbank.kz JSC "Development Bank of Kazakhstan" is a national development institution of the Government of the Republic of Kazakhstan which funds the non-primary sector of economy. JSC "Development Bank of Kazakhstan" is 100% owned by JSC "Sovereign Wealth Fund "Samruk-Kazyna". This document (and the information contained herein) does not contain or constitute an offer of securities for sale, or solicitation of an offer to purchase securities, in any jurisdiction where such an offer or solicitation would be unlawful. This communication is directed only at (i) persons who are in the Republic of Kazakhstan, (ii) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities falling within Article 49(2) of the Order and (iv) other persons to whom it may lawfully be communicated (all such persons together being referred to as "relevant persons"). Any investment activity to which this communication relates will only be available to, and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. This document does not constitute or form a part of any offer or solicitation to purchase or subscribe for the securities in the United States or any other jurisdiction. The securities referred to herein, if the proposed offering proceeds, have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any state of the United States or any other jurisdiction. The securities may not be offered or sold within the United States or U.S. persons, absent registration or an exemption from registration under the Securities Act. No public offering of the securities will be made in the United States or in any other jurisdiction where such an offering is restricted or prohibited. A rating is not a recommendation to buy, sell or hold the securities and may be subject to suspension, reduction or withdrawal at any time by the rating agency. unquote [2012-11-14]