Kazakhstan Stock Exchange informs about decisions of Annual general meeting of shareholders held on May 15, 2015
/KASE, May 19, 15/ – Kazakhstan Stock Exchange JSC (KASE or Exchange), 
located at: 280 Baizakov St., Almaty, Republic of Kazakhstan, Almaty Towers, 
North Tower, 8th Floor, 050040, announces that on May 15, 2015 at 15:00 ALT 
an annual general meeting of its shareholders at the above address was held 
with the following agenda:

 Operations of the exchange in 2014.

 Approval of 2014 annual financial statements of the exchange.

 Exchange's 2014 net income distribution procedure.

 Approval of the audit company for the purpose of auditing 2015 annual 
 financial statements of the exchange.

 Shareholders appeals to the exchange and its officers and results of their 
 consideration.

 Size and composition of remuneration payable to members of the 
 Exchange Board of Directors and Exchange Management Board in 2014.

 Approval of revised charter of the exchange.

 Remuneration payable to the members of the Exchange Board of 
 Directors.

 Early termination of powers of members of the Exchange Board of 
 Directors.

 Approval of quantitative composition, term of office of the members of 
 the Exchange Board of Directors, election of members of the Exchange 
 Board of Directors.

At the said meeting KASE shareholders adopted the following resolutions:

 To approve annual KASE 2014 financial statements.

 Votes:               "For" – 899,514

               "Against" – 0

               "Abstained" – 0

 To approve the following allocation procedure of 2014 KASE net income 
 (profit):

  not to pay dividends on common shares of KASE based on 2014 results;

  net income (profit) KASE for 2014 in the amount of KZT585,134,895 and 
  01 tiyn shall be allocated for KASE development purposes.

  Votes:               "For" – 841,343

                "Against" – 34,171

                "Abstained" – 24,000

 To approve Ernst & Young LLC as the audit company for the purpose of 
 auditing 2015 annual financial statements of the exchange.

  Votes:               "For" – 893,514

                "Against" – 0

                "Abstained" – 6,000

 To approve the revised charter of the Exchange and authorize M. 
 Kabashev to sign the revised charter of the Exchange.

 The charter approved by the decision of the Extraordinary General Meeting 
 of Shareholders of Kazakhstan Stock Exchange JSC (Minutes of November 
 27, 2003, No. 7) to deem repealed;

  Votes:               "For" – 899,514

                "Against" – 0

               "Abstained" – 0

 To pay out an annual bonus to members of the Board of Directors based 
 on the results of their 2014 performance.

  Votes:               "For" – 893,514

                "Against" – 0

                "Abstained" – 6,000

 To prematurely terminate powers of members of the Exchange Board of 
 Directors elected by the decisions of the general meeting of shareholders of 
 the Exchange of May 30, 2012, October 10, 2012 and April 18, 2014.

  Votes:               "For" – 875,514

                "Against" – 0

                "Abstained" – 24,000

 To approve quantitative composition of members of the Board of 
 Directors – eight members, including:

  two non-electable members of the Board of Directors (one representative 
  of the National Bank of Kazakhstan as the authorized body and the owner 
  of the "golden share" and Chairman of the Management Board of the 
  Exchange ex officio);

  three representatives of the interests of shareholders of the Exchange;

  three independent directors of the Exchange.

  Votes:               "For" – 893,514

                "Against" – 0

                "Abstained" – 6,000

 To determine that the term of office of the elected members of the Board 
 of Directors shall start on the date of their election and expire on the date
 of  the annual general meeting of shareholders of the Exchange to consider 2017
 annual financial statements for the Exchange.

  Votes:               "For" – 893,514

                "Against" – 0

                "Abstained" – 6,000

 Election of members of the Board of Directors.

"To elect 3 members of the Board of Directors who are representatives of the 
interests of the shareholders of the Exchange out of the following candidates
with  the most votes:


   Candidate Name     Number of votes
--------------------- ---------------
Eldar Abdrazakov              491,322
Arnat Abzhanov                330,506
Azamat Dzholdasbekov        1,415,847
Victor Kyshpanakov            460,867
-------------------------------------

Based on the voting results the following candidates with the highest number of 
votes were elected as members of the Board of Directors – representatives of 
shareholders: Y. Abdrazakov, A. Dzholdasbekov, V. Kyshpanakov.

* * *

The wording of the resolution put to the vote:

"To elect the following 3 candidates as independent directors of the Exchange:


 Candidate Name  Number of votes
---------------- ---------------
Arif Babayev           1,017,261
Zhanat Kurmanov          617,205
Mirlan Tashmetov         987,594
--------------------------------

Based on the voting results the following candidates were elected as 
independent directors of the Exchange: A. Babayev, Zh. Kurmanov, M. 
Tashmetov

[2015-05-19]