OREANDA-NEWS. The meeting of the Board of Directors of “KazTransOil” JSC took place, during which the resolution was taken to duly convene the Annual General Meeting of Shareholders on May 28, 2014 with the following agenda:

On confirmation of annual financial statements and consolidated annual financial statements of “KazTransOil” JSC for 2013;

On confirmation of the procedure of distribution of net income of “KazTransOil” JSC for 2013, 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 2013;

On confirmation of the Annual Report of the Board of Directors of “KazTransOil” JSC on the work done in 2013.

On consideration of addresses of “KazTransOil” JSC shareholders on actions of the Company and its officials for 2013 and the results of their consideration;

On early termination of office of members of the Board of Directors of

"KazTransOil" JSC;

On determination of quantitative composition, term of office of the Board of Directors of “KazTransOil” JSC, election of its members, including a Chair of the Board of Directors of “KazTransOil” JSC;

On determination of the size and terms for payment of remuneration and compensation of costs of independent directors for fulfillment of their duties;

On changes and additions to the Charter of “KazTransOil” JSC.

On confirmation of changes and additions to the Charter of

“KazTransOil” JSC;

On confirmation of the Regulations of the General Meeting of Shareholders of “KazTransOil” JSC;

On confirmation of the Regulations of the Board of Directors of “KazTransOil” JSC.

The notification of the Annual General Meeting of Shareholders of “KazTransOil” JSC is posted on the KASE website and the Company's corporate website (<http://kaztransoil.kz/en/to_shareholders_and_investors/information_for_shareholders_and_investors/announcements_and_information_for_the_shareholders/>).

The Board of Directors proposed the Annual General Meeting of Shareholders of "KazTransOil" JSC to confirm:

the following procedure of distribution of net income of “KazTransOil” JSC for 2013 in the amount of 63,543,600,000.00 (sixty three billion five hundred forty three million six hundred thousand) tenge:

- to pay dividends in the amount of 41,925,280,291.00 (forty one billion nine hundred twenty five million two hundred eighty thousand two hundred ninety one) tenge;

- to leave the remaining part of net income in the amount of 21,618,319,709.00 (twenty one billion six hundred and eighteen million three hundred nineteen thousand seven hundred and nine) tenge for the disposal of “KazTransOil” JSC;

the size of one dividend for 2013 per one common share of “KazTransOil” JSC in the amount of 109.00 (one hundred and nine) tenge.