Auditor's report on KazAgroFinance financial statements released
/KASE, May 24, 2019/ – KazAgroFinance (Nur-Sultan), whose bonds are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's
report on the company's financial statements for 2018.

According to audited data as of December 31, 2018 
(in th. tenge, if not otherwise specified):
                            as of       as of
Indicator                31.12.18    31.12.17
--------------------- ----------- -----------
Equity                106,349,712 102,784,951
Total assets          298,933,878 282,812,764
Total liabilities     192,584,166 180,027,813
Net income (net loss)   6,728,372   3,572,220
ROA, %                       2.25        1.26
ROE, %                       6.33        3.48

The company's financial statements for 2018 were audited by Ernst and Young 
LLP. According to the auditor, financial statements reflect reliably in all 
significant relations the financial position of KazAgroFinance and financial 
results and cash flows for the year ended as of the specified date in 
accordance with the IFRS.

The report is available on KASE website at –