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Announcement of Delisting

Kazakhstan Kagazy Plc
(the “Company”)
Announcement of Delisting

Kazakhstan Kagazy PLC (the “Company”) announces that further to the announcement of 7 December 2015, the listing of the Company’s Global Depositary Receipts on the London Stock Exchange will be cancelled with effect from 8am on 10 March 2016.

Enquiries:

Kazakhstan Kagazy PLC
Hugh McGregor, General Counsel and Company Secretary
Tel: + 7 (727) 244 87 87

Daniel Stewart & Company PLC
David Coffman / Daphne Zhang (Financial Adviser)
Tel: +44 (0) 20 7776 6550
Martin Lampshire (Broker)