Extract from Minutes No.34/12 dated 17 August 2012


On 17 August 2012 a meeting in absentia of the Management Board of Samruk-Kazyna Sovereign Wealth Fund (Minutes No. 34/12) was held, the following decisions were taken at the meeting:

1) Approve Ernst & Young LLP as the audit organization to perform the audit of the Company for 2012.

2) Approve audit fee of twenty-nine million six hundred eighty thousand (KZT 29,680,000) tenge, including VAT, for Ernst & Young's audit of the Company's performance in 2012.

2. In accordance with Article 35.5 of the Law of the Republic of Kazakhstan 'On Joint Stock Companies', this decision shall be considered as the decision of the Sole Shareholder of the Company.