«KazTransOil» JSC Board of Directors offered forwarding 51 156 534 667 tenge for dividends

On April 14, 2016 the Board of Directors of «KazTransOil» JSC held the meeting, and resolved to call the Annual General Meeting of Shareholders on May 27, 2016 with the following agenda: - on confirmation of annual financial statements and annual consolidated financial statements of «KazTransOil» JSC for 2015; - on confirmation of the procedure on distribution of net income of «KazTransOil» JSC for 2015, adoption of the decision on payment of dividends on common stock and confirmation of the size of dividends per one common share of «KazTransOil» JSC; - on confirmation of the Annual Report of «KazTransOil» JSC for 2015; - on confirmation of the Annual Report of the Board of Directors of «KazTransOil» JSC on its performance in 2015; - on consideration of addresses of shareholders of «KazTransOil» JSC against actions of «KazTransOil» JSC and its officials for 2015 and results of their consideration; - on confirmation of Corporate Governance Code; - on changes and additions to the Charter of «KazTransOil» JSC; - on confirmation of changes and additions to the Methods on determination of price of shares at their buy-back by «KazTransOil» JSC at informal securities market. «KazTransOil» JSC Board of Directors adopted a decision to offer to the Annual General Meeting of Shareholders of «KazTransOil» JSC to confirm:

1) the following procedure of distribution of the KTO net income earned upon the results of 2015 in the amount of 44,712,936,000 (forty four billion seven hundred twelve million nine hundred thirty six thousand) tenge - to pay dividends in the amount of 44,712,936,000 (forty four billion seven hundred twelve million nine hundred thirty six thousand) tenge that is 100% of the KTO net income; 2) the following procedure of distribution of retained earnings for past years - to pay dividends in the amount of 6,443,598,667 (six billion four hundred forty three million five hundred ninety eight thousand six hundred sixty seven) tenge; 3) the size of one dividend for 2015 per one common share of KTO in the amount of 133 (one hundred thirty three) tenge.

Reference: «KazTransOil» JSC – national operator of the Republic of Kazakhstan for main pipeline, the largest oil transporting company of the Republic of Kazakhstan, owning a diversified network of main oil pipelines extending for 5,373 km and waterline - over 1,975km. Common shares of «KazTransOil» JSC were listed at Kazakhstan Stock Exchange. 33,989 citizens of the Republic of Kazakhstan and 10 accumulative pension funds became shareholders of «KazTransOil» JSC in the result of People’s IPO in November – December 2012. The dividend size per one common share of «KazTransOil» JSC amounted to 75 tenge in 2012 or 10.3% to placement price. Total amount of dividends for 2012 equaled to 28,847,669,925 tenge or 86% of consolidated net income of the company for 2012. The dividend size per one common share of «KazTransOil» JSC amounted to 109 tenge in 2013 or 15% to placement price. Total amount of dividends for 2013 equaled to 41,925,280,291 tenge or 66% of consolidated net income of the company for 2013. The dividend size per one common share of «KazTransOil» JSC amounted to 120.71 tenge in 2013 or 16.7% to placement price. Total amount of dividends for 2014 equaled to 46,429,363 ,155 tenge or 100% of consolidated net income of the company for 2014. Press relations service of «KazTransOil» JSC