Kazakhstan Kagazy PLC
Kazakhstan Kagazy PLC: NOTICE OF ANNUAL GENERAL MEETING

NOTICE OF ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the seventh Annual General Meeting of the Company will be held on 19^th of December 2014 at 10.00 a.m. London time at the following address: 1^st Floor, 3 Copthall Avenue, EC2R 7BH, London, United Kingdom for the following purposes:

As ordinary business:

1. To accept the recommendation of the Directors for the non-payment of a dividend following the results of 2013;

2. To receive and adopt the report of the Directors and the audited accounts of the Company for the year ending 31 December 2013 together with the report of the auditors on those audited accounts;

3. To accept the proposed re-election of Martin Quirke as a director of the Company;

4. To accept the proposed re-election of Sir Tony Baldry as a director of the Company;

5. To accept the proposed re-election of Sarosh Zaiwalla as a director of the Company;

6. To accept the proposed re-election of Tomas Mateos Werner as a director of the Company;

7. To accept the appointment of Vitaliy Podolskiy as a director of the Company; and

8. To accept the appointment of Denise Valentine as a director of the Company

Dated: 10^th of November 2014

Directors’ report and audited accounts of the Company for the year ending December 2013 are available on the Company’s web site under the following link: http://www.kazakhstankagazy.com/images/reports/Kazakhstan_Kagazy_PLC-Annual_Report_and_Consolidated_Financial_Statements_31_December_2013.pdf

Notes:

1. A member of the Company entitled to attend and vote at the meeting is entitled to appoint one or more proxies to attend and, on a poll, vote instead of him. A proxy need not be a member of the Company.

2. To have the right to attend and vote at the meeting you must hold ordinary shares in the Company and your name must be entered on the share register of the Company in accordance with note 4 below.

3. A form of proxy is enclosed for your use. To be valid, the form of proxy (and any power of attorney or other authority, if any, under which it is signed or a notarially certified copy thereof) must be received by the Registered Agent at the Company’s registered office, 33 – 37 Athol Street, Douglas, IM1 1LB, Isle of Man or by fax to +44 (0) 1624 626 538 as soon as possible but, in any event, no later than 15^th of December 2014 at 10.00am (BST). Completion and return of a form of proxy will not preclude a member from attending and voting at the meeting or at any adjournment thereof in person if he or she wishes to do so.

4. The time by which a person must be entered on the register of members in order to have the right to attend or vote at the meeting is 12^th of December 2014 at 10.00am (BST). If the meeting is adjourned, the time by which a person must be entered on the register of members in order to have the right to attend or vote at the adjourned meeting is 48 hours before the date fixed for the adjourned meeting. Changes to entries on the register of members after such times shall be disregarded in determining the rights of any person to attend or vote at the meeting.