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KAZAKHSTAN KAGAZY PLC
("Kazakhstan Kagazy" or the "Company")
Statement re. Suspension

The Company regrets to announce that it has been brought to their attention that its auditor, BDO Kazakhstan LLP, does not hold the required authorities to act as the Company’s auditor, despite previously representing to do so.

The Company is in discussions to provide a solution to this unforeseen situation and, whilst these discussions are ongoing, has requested that trading in its shares is suspended with immediate effect.

The Company will make a further announcement in due course.

Enquiries:

Kazakhstan Kagazy PLC

Hugh McGregor
General Counsel and Company Secretary
+ 7 (727) 244 87 87

Daniel Stewart & Company PLC

David Coffman / Liz Kirchner (Financial Adviser) / Martin Lampshire (Broker)
Tel +44 (0) 20 7776 6550

About Kazakhstan Kagazy PLC

London Stock Exchange listed Kazakhstan Kagazy PLC is the largest paper, packaging and recycling group in Kazakhstan and Central Asia.