Kazakhstan Kagazy plc announces that it appointed White & Case, an international law firm, as a legal advisor for its debt restructuring negotiations.

White & Case is a leading global law firm with 36 offices in 25 countries. Among the first US-based law firms to establish a truly global presence, we provide counsel and representation in virtually every area of law that affects cross-border business. In particular, White & Case has recently advised two major Kazakhstan banks on the restructuring of their financial indebtedness.

For more information, please contact:

Mr. Sadyr Shaguzhayev                                                               +7 727 244 02 08

Head of Investor Relations                                                       This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

Ms. Nellya Kim                                                                                +7 727 244 87 96

Press Service                                                                                   This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

Elena Dobson,                                                                                + 44 207 861 31 47

Pelham Bell Pottinger                                                                 This e-mail address is being protected from spambots. You need JavaScript enabled to view it.