OREANDA-NEWS.Kazakhstan Stock Exchange (KASE or the Exchange) announces that as part of implementing the government program "People's IPO" from November 5 to December 5, 2014 a primary offering of ordinary shares KZ1C34930012 (KZ1C00000959, KASE official list, first category, KEGC) of Kazakhstan Electricity Grid Operating Company "KEGOC" JSC (Astana, hereinafter – KEGOC) by way of subscription to them is being conducted in KASE trading system. Subsidiary organization of Halyk Bank of Kazakhstan "Halyk Finance" JSC (Almaty, hereinafter – the Seller) will act the seller when conducting the subscription to the mentioned shares. Number of shares being offered – 25,999,999 pieces. Price per share – KZT505. Code of security during subscription – KEGC. Orders within the subscription will be accepted by the closed method on working days from 10:00 to 17:00 o'clock (Almaty time – ALT). Orders from investors will be collected by Exchange members until December 3 inclusive. The Exchange will collect aggregated orders from its members until December 9 inclusive. The date of provision to the Seller of the register of orders collected by the Exchange – December 10, 2014. The date of provision to the Exchange of the register of accepted orders – December 15, 2014. The beginning date of settlements based on subscription results – December 18, 2014. There are no limitations for buyers with regard to the maximum number of shares in submitted orders. The following parties are admitted to the subscription: 1)market-maker in the person of the Seller; 2)individuals – citizens of Republic of Kazakhstan; 3)Single accumulative pension fund JSC (on account of pension assets). All other categories of investors are not admitted to participation in the subscription. Individuals can submit orders for participation in the subscription to the Exchange only through members of KASE stock market. The full list of members of KASE stock market is available on KASE website, at http://www.kase.kz/en/membership According to this subscription's terms the list of additional information on the investor disclosed to the issue of the said shares includes the following data: 1) last name, first name, if available – patronymic or a legal entity name; 2) IIN of the individual or BIN of the legal entity; 3) residency; 4) details of the document confirming the personal identity / confirming registration of the legal entity (type, number, issue date and issuing body); 5) address. Details of the responsible employee of the Seller – Farkhad Okhonov, Director of department of Financial Consulting and Underwriting of Halyk Finance JSC, tel. + 7 717 244 65 40 Details of responsible employees of KASE are available on the Exchange's website at http://www.kase.kz/en/page/ipo (tab "Contacts"). The Rules of Subscription for Shares are available on KASE website at http://www.kase.kz/files/normative_base/rules_ipo_eng.pdf Below is the structure of offering of ordinary shares of KEGOC JSC within this subscription, provided to KASE by the Seller. Within implementation of the program "People's IPO" this structure of offering of ordinary shares of KEGOC JSC among various groups of investors during their initial public offering (hereinafter – the structure) defines the order of distribution of ordinary shares of KEGOC JSC among prospective investors on Kazakhstan's regulated securities market. Definitions used in this structure: 1) shares – ordinary shares of the Company; 2) market-maker for shares of the Company – an Exchange member recognized as such by the Exchange and committed to the Company to announce and maintain quotations for buying and selling of the Company's shares and executing all responsibilities resulting from possessing such status based on the agreement concluded with the Company; 3) retail investors – citizens of the Republic of Kazakhstan; 4) institutional investors – Single accumulative pension fund JSC buying shares on account of pension assets. Restrictions regarding amount invested: 1)for a market-maker for the Company's shares – at least 200,000 (two hundred thousand) pieces of shares, but not more than 400,000 (four hundred thousand) pieces of shares; 2)for retail investors – orders are accepted without limitations. Acceptance of retail investors' orders is carried out taking into account the section 3 of the structure; 3)for institutional investors – without limitations taking into account the section 3 of the structure. Procedure of distribution of shares among various groups of investors during an initial public offering: 1)An order of a market-maker for the Company's shares is accepted in the first place. 2)Orders of retail investors on the Company's shares are accepted in full within 14,000 (fourteen thousand) pieces of shares. In case the combined number of shares indicated in orders from retail investors taking into account sub-item 2) of item 3 of the structure exceeds the number of shares being offered (excluding the order of the market-maker for shares), the size of the maximum amount of orders acceptance will be reduced as follows: reduction begins from the maximum number of orders satisfaction equal to 14,000 (fourteen thousand) pieces of shares of the Company; reduction pace makes up one share; reduction is carried out until the moment of equalization of the demand (total number of shares indicated in orders from retail investors) and supply (number of shares of the Company being offered); 3)shares not demanded by retail investors taking into account fulfillment of sub-items 1) and 2) of item 3 of the structure are offered amongst institutional investors that submitted orders in excess of 14,000 (fourteen thousand) pieces of shares, as follows: In case the total demand is less than the remaining number of shares, all orders are accepted in full; In case the total demand is higher than the remaining number of shares, the size of the maximum amount of orders acceptance will be increased as follows: an increase starts from the minimum number of orders acceptance equal to 14,001 (fourteen thousand and one) pieces of shares, the increase pace makes up one share. The increase is carried out until the moment of equalization of the demand (not satisfied demand from retail investors taking into account execution of sub-items 1) and 2) of item 3 of the structure and supply (the number of remaining shares being offered after implementation of sub-items 1) and 2) of item 3 of the structure); 4)shares not demanded by retail investors taking into account fulfillment of sub-items 1), 2) and 3) of item 3 of the structure are distributed in favor of the institutional investor according to the order submitted; Shares not demanded by investors taking into account fulfillment of item 3 of the structure are offered on the regulated securities market not earlier than 6 (six) months after the offering date under the Program "People's IPO" according to the procedure established by Kazakhstan's legislation. Peculiarities of distribution of the Company's shares. At distribution of shares amongst various groups of investors during their initial offering, the date of order submitting within the subscription period is not taken into account. During preparation of this message KASE used exclusively materials provided to the Exchange by Subsidiary organization of Halyk Bank of Kazakhstan "Halyk Finance" JSC.