/KASE, December 29, 2018/ – Kcell (Almaty), whose shares are officially listed
on Kazakhstan Stock Exchange (KASE), has informed KASE as follows:
JSC Kcell («Kcell» or the «Company») (LSE, KASE: KCEL), the leading provider of
mobile telecommunication services in Kazakhstan, announces that the Non-Executive
Directors who were representatives of shareholders Fintur Holdings B.V. and
TeliaSonera Kazakhstan Holding B.V. — Douglas Lubbe, Emil Nilsson, Fredrik Nissen
and Peter Lav — have notified the Company of their resignation as Members of the
Board of Directors of Kcell JSC effective from 21 December 2018, the date of
completion of the transfer of 75 percent of ordinary shares in Kcell JSC to the
account of Kazakhtelecom JSC.
As of 21 December 2018, the acting Members of the Kcell Board of Directors are as
follows: Jan Rudberg — Chairman of the Board of Directors, Independent Director;
William Aylward — Member of the Board of Directors, Independent Director; and
Vladimir Smirnov — Member of the Board of Directors, Independent Director.
Detailed information is available on KASE website –