Privatization

A national oil company of the Republic of Kazakhstan KazMunayGas JSC intends to sell one of its subsidiaries - National Shipping Company Kazmortransflot LLP

A national oil company of the Republic of Kazakhstan KazMunayGas JSC intends to sell one of its subsidiaries - National Shipping Company Kazmortransflot LLP (“KMTF” or the “Company”). The Company's mission is to provide safe, reliable and cost-effective shipping. The sale of this asset is a part of a Comprehensive Privatization Program for 2016-2020 in Kazakhstan.

Throughout its history of existence, since 1998, the Company has went through a path of successful development. Some of the notable achievements of KMTF during its development were: 1) a steady increase in the fleet of ships owned; 2) an increase in the volume and in the range of services offered; 3) obtaining a number of internationally recognized certifications (ISO 9001, ISO14001, OHSAS 18001, SAI GLOBAL IQNet); 4) obtaining the status of the National Maritime Carrier.

KMTF’s main activities include the transportation of Kazakhstan crude oil by sea from Aktau Port to international markets, crude oil transportation in the Black and Mediterranean Seas, dry cargo transportation, and provision of offshore support fleet services.

KMTF owns a transportation fleet, support vessel fleet, infrastructure facilities, and a non-operational asset.

Company’s transportation fleet includes two large “Aframax” type oil tankers manufactured in South Korea. They are used to transport crude oil products on Black and Mediterranean Seas. These vessels are characterized by high capacity and long-term service life. For operations on the Caspian Sea Kazmortransflot uses six oil tankers of Russian production. The offshore support fleet includes five long-haul barges, and eight platform barges manufactured in Russia and Vietnam.

The administrative building owned by the Company is the newest office building in the city of Aktau, built with the latest modern technology. The building has 12 floors and the area of 8.3 thousand sq. meters, a part of which is leased-out.

A non-operational asset of the Company is a motor yacht with a passenger capacity for 10 people. The yacht is manufactured in England in 2006. It has two engines with a total power of 2000kW, and it is used in the Caspian Sea coastal areas.

Over the period of 2013-2016, KMTF has managed to increase its gross profit margin from 11% to 21%. Moreover, the EBITDA margin indicator has risen from 16% to 25.6% over the same period.

As far as the privatization is concerned, the sale process will be formal and the interested parties will be going through a bid process. The interested parties will be granted an access into a Virtual Data Room and a possibility to conduct due diligence.

Participation in the contemplated sale process would require a confirmation of your interest. Following the receipt of such indication of interest, you will be provided with a Non-Disclosure Agreement [and a Sale Process Letter with a description of further procedures].

KazMunayGas JSC has retained Deloitte (Kazakhstan) as one of its financial advisors in connection with the proposed transaction. Please do not hesitate to contact us if you require any further clarification in this respect.

Dina Tasbulatova

General Director

Financial Advisory Services Department

Tel.: +7 (727) 258-13-40

Mob: +7 701 765 0608

Email: dtasbulatova@deloitte.kz

Phone call hours: Mon-Fri, 9.00-20.00 (GMT+6)

Other time: please contact by email

Location: Almaty, Kazakhstan

Saule Muratova

Senior Manager

Financial Advisory Services Department

Tel.: +7 (7172) 58-04-80

Mob: +7 707 611 8484

Email: smuratova@deloitte.kz

Phone call hours: Mon-Fri, 8.00-23.00 (GMT+6)

Other time: please contact by email

Location: Astana, Kazakhstan

Information statement (hereinafter – the Notification)

This Notification is prepared in accordance with the “Uniform rules for the disposal of assets and facilities by “Samruk-Kazyna” National Welfare Fund” Joint Stock Company and organizations, over 50 percent of voting shares (participation shares) of which directly or indirectly belong to “Samruk-Kazyna” JSC on the right of ownership or trust management” approved by the decision of the Board of Directors of “Samruk-Kazyna” JSC (hereinafter – the Fund) (Minutes No. 110 dated May 28, 2014) (hereinafter – the Uniform Rules) and “Procedures for electronic trading of the property on the web-portal of the Register of Public property” (hereinafter – the Procedures), approved by the decision of the Board of Directors of “Information Accounting Center” JSC (hereinafter – the Organizer) (Minutes No.66 dated May 23, 2014).

“KazMunaiGas” National Company” Joint Stock Company (hereinafter – KMG) announces an electronic tender (hereinafter – the Tender) for the sale of 100% of assets of “Kazakh Institute of Oil and Gas” JSC (hereinafter – the “Asset” or “KIOG”), which will be held on June 23, 2015 at 11-00 (Astana time) on the web-portal of the Register of Public Property www.gosreestr.kz.

NOTIFICATION OF A BIDDING PROCESS

for the sale of 49% of participation share in the authorized capital

of “Kazmortransflot” NMSC” LLP

through an open two-stage tender

“KazMunaiGas” National Company” Joint Stock Company (hereinafter – the “Seller”, “Owner”, “KMG” or “Bidding organizer”), located at: 19, Kabanbay Batyr ave, Astana, the Republic of Kazakhstan, announces an open two-stage tender ( hereinafter – “Bidding” or “Tender”) for the sale of 49% of participation share (hereinafter – “Participation share”) of ”Kazmortransflot” NMSC” LLP (hereinafter – the “Company”, “Participation share” or the “Asset”).

The sale of the Participation share is carried out in accordance with the Uniform rules of disposal of the assets and facilities by “Samruk-Kazyna” National Welfare Fund and organizations, over 50 percent of voting shares (participation shares) of which directly or indirectly belong to “Samruk-Kazyna” JSC on the right of ownership or trust management”, approved by the decision of the Board of Directors of “Samruk-Kazyna” JSC (Minutes No. 110 dated May 28, 2014, hereinafter – “Uniform Rules of the Fund”).

Announcement

By the decision of the Sectoral Commission of “KazMunaiGas” NC JSC dated January 29, 2015, the open two-stage tender for the sale of 49% of participation share of “Kazmortransflot” NMSC” LLP is declared void;

NOTIFICATION OF BIDDING PROCESS

for the sale of 100% of participation share of

“Euro-Asia Air” Airline” Joint Stock Company

through an open two-stage tender

“KazMunaiGas” National Company” Joint Stock Company (hereinafter – the “Seller”, “Owner”, “KMG” or “Bidding organizer”), located at: 19, Kabanbay Batyr ave, Astana, the Republic of Kazakhstan, announces an open two-stage tender ( hereinafter – “Bidding” or “Tender”) for the sale of 100% of participation share (hereinafter – the “Shares”) of “Euro-Asia Air” Airline” Joint Stock Company (hereinafter – the “Company” or the “Asset”).

Announcement

By the decision of the Sectoral Commission of “KazMunaiGas” NC JSC dated January 19, 2015, the open two-stage tender for the sale of 100% of participation share of “Euro-Asia Air” Airline” JSC is declared void;

“KazMunaiGas” National Company” Joint Stock Company announces an electronic trading auction

“KazMunaiGas” National Company” Joint Stock Company announces electronic auctions for the sale of 51% shares package of Global Security System S.A company owned by Rompetrol Logistics SRL, 98.823065% shares package of Palplast S.A. owned by KMG International N.V. and Rominserv SRL companies and 100% of participation share of SC Rominserv Valves Iaifo SRL owned by SC Rominserv SRL and SC Rompetrol Financial Group SRL.