/CORRECT/ Kcell Board of Directors decides to obtain KZT8.0 bn loan from Altyn Bank (SB of Halyk Savings Bank of Republic of Kazakhstan)

/KASE, November 23, 2016, re-distributed due to the issuer providing an updated document/ – Kcell (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following statement: quote Kcell Joint Stock Company (Kcell) (LSE, KASE: KCEL), a leading provider of mobile telecommunication services in Kazakhstan by market share in terms of revenue and subscribers, brings the following information to the attention of its shareholders and investors: Kcell Board of Directors has adopted a decision on repayment of KZT 8 bln. loan due on 26 December 2016 obtained under the Frame Agreement of 24 September 2013 between Kcell JSC and Halyk Savings Bank of Kazakhstan JSC for working capital financing. The Board has also approved a further drawdown of KZT 8 bln. in the form of a short-term loan under the Frame Agreement of 24 September 2013, for a term of 12 months or until 27 November 2017. unquote [2016-11-23]