1. 1 CONFIDENTIAL Madi Kanafin Senior specialist at Sectorial department on transport and logistics infrastructure, KAZNEX INVEST, JSC Mob: +7 701 7073144 E-mail: kanafin@kaznexinvest.kz Project information Contact The transport and logistic center on the basis of the international airport "Auliye-Ata" Project profitability for the period of 10 years (in th. USD) Project profitability Project cost: USD 11,3 mln. Location: Zhambyl region, Taraz city, "Auliye-Ata“ airport Implementation period: 2016-2017 Project scope: Creation of the transport and logistic center on the basis of the international airport "Auliye-Ata" in Taraz city Finished product: cargo terminal (class A); air terminal complex. Service of passenger and cargo flights Production capacity: passengers: 200 - 250th people/hour; freights: 10 thousand tons freights/year Potential markets: Tajikistan/India - Russia; Southeast Asia - Europe; The Middle East – Siberia Provision of land and premises: The feasibility report of the project on development stages, in 2013 constructed a new runway, reconstruction of the passenger terminal, of 6200 sq.m., capacity - 200 pass per hour Required financing: USD 10 mln. Required investor type: Discount factor Payback Period Payback Period disc. Project capex Project NPV (10 years) Project IRR Company name JSC International Airport Auliye- Ata Year of establishment Presence on the market: Current operation: Project initiator Project profitability ☑ Equity ☑ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: JSC International Airport Auliye-Ata Indicator Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10 Gross profit EBITDA Interest Taxes Net profit

2. 2 CONFIDENTIAL Project information Contact Creation of transport and logistics hub in Ayagoz district Project profitability for the period of 10 years (in th. USD) Project profitability Project cost: USD 12,5 mln. Location: East-Kazakhstan region, Ayagoz city Implementation period: 2015-2017 Project scope: Creation and development of transport corridor West-East from Europe, trough the Caucasus and the Caspian sea to the Central Asia and China Finished product: Logistics service Production capacity: Customs checkpoints East Kazakhstan region - People's Republic of China, 9 months of 2013: «Maykapchagay» customs checkpoint – approx. 270 000 tn (13 500 cars), «Bahty» customs checkpoint – approx 140 000 tn of cargo (7 000 cars) Potential markets: Republic of Kazakhstan, Russian Federation, People's Republic of China, Europe Provision of land and premises: There is the land plot (18 ha) with railway siding. There is an opportunity to construct the infrastructure by means of Government funds on condition that the project is included to the Government Program «Business Road Map – 2020» Required financing: USD 12,5 mln. Required investor type: Company name Government of Ayagozskiy district (Akimat) Year of establishment Presence on the market: Current operation: Project initiator ☑ Equity ☐ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: Government of Ayagozskiy district (Akimat) Indicator Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10 Gross profit EBITDA Interest Taxes Net profit Discount factor Payback Period Payback Period disc. Project capex Project NPV (10 years) Project IRR Project profitability Madi Kanafin Senior specialist at Sectorial department on transport and logistics infrastructure, KAZNEX INVEST, JSC Mob: +7 701 7073144 E-mail: kanafin@kaznexinvest.kz

3. 3 CONFIDENTIAL Project information Contact Creation of a new shore base to support offshore operations in the gulf, "Sartas" Project profitability for the period of 10 years (in th. USD) Project profitability Project cost: USD 194 mln. Location: Mangystau region, 130 km to the north from the Aktau city, southern coast of Mangyshlak gulf of Caspian Sea Implementation period: 2014-2017 Project scope: The project aims to meet the growing demand for services of supply bases and to support maritime operations by the operators of the shipping fleet and international oil and gas companies involved in the exploration and development of the shelf of the Kazakh sector of the Caspian Sea (BMSC) Finished product: Sea port services Production capacity: Potential markets: Provision of land and premises: 330 hectares of land is available for development of proposed Projects. Currently project has a design and estimate documentation, which was passed the state examination. Obtain a building permit from the regional Akimat Required financing: USD 23,5 mln. Required investor type: Company name “Sartas Teniz Porty”, JSC Year of establishment Presence on the market: Current operation: Project initiator ☑ Equity ☑ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: “Sartas Teniz Porty”, JSC Indicator Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10 Gross profit EBITDA Interest Taxes Net profit Discount factor Payback Period Payback Period disc. Project capex Project NPV (10 years) Project IRR Project profitability Madi Kanafin Senior specialist at Sectorial department on transport and logistics infrastructure, KAZNEX INVEST, JSC Mob: +7 701 7073144 E-mail: kanafin@kaznexinvest.kz

4. 4 CONFIDENTIAL Project information Contact Roadside service along the international transit corridor "Western Europe - Western China" Project profitability for the period of 10 years (in th. USD) Project profitability Project cost: USD 4,5 mln. Location: Zhambyl region, in the direction «Almaty – Shymkent» on the territory of Zhambyl region, extent of 495 km.: Korday region - 2 objects (category B and C); T.Ryskulov region - 1 object (category В); Baizak region - 1 object (category С); Zhualy region - 2 objects Implementation period: 2014-2017 Project scope: Creation of roadside service along the international transit corridor «Western Europe - the Western China». Finished product: Roadside service Production capacity: Potential markets: Provision of land and premises: reserved land plots by the Zhambyl region Akimat Required financing: USD 4,5 mln. Required investor type: Company name Zhambyl region Akimat Year of establishment Presence on the market: Current operation: Project initiator ☑ Equity ☑ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: Zhambyl region Akimat Indicator Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10 Gross profit EBITDA Interest Taxes Net profit Discount factor Payback Period Payback Period disc. Project capex Project NPV (10 years) Project IRR Project profitability Madi Kanafin Senior specialist at Sectorial department on transport and logistics infrastructure, KAZNEX INVEST, JSC Mob: +7 701 7073144 E-mail: kanafin@kaznexinvest.kz

5. 5 CONFIDENTIAL Project information Contact Construction transport-logistic center in Kostanay region Project profitability for the period of 10 years (in th. USD) Project profitability Project cost: USD 5,8 mln. Location: Kostanay region, Kostanay city. Implementation period: 2015-2017 Project scope: Construction of the transport-logistic center facility in Kostanay city with modern equipment (class A). Finished product: Logistics service Production capacity: Potential markets: Provision of land and premises: available infrastructure – land, permits. Required financing: USD 5,8 mln. Required investor type: Company name JSC “Social – entrepreneurial corporation “Tobol” Year of establishment Presence on the market: Current operation: Project initiator ☑ Equity ☑ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: JSC “Social – entrepreneurial corporation “Tobol” Indicator Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10 Gross profit EBITDA Interest Taxes Net profit Discount factor Payback Period Payback Period disc. Project capex Project NPV (10 years) Project IRR Project profitability Madi Kanafin Senior specialist at Sectorial department on transport and logistics infrastructure, KAZNEX INVEST, JSC Mob: +7 701 7073144 E-mail: kanafin@kaznexinvest.kz

6. 6 CONFIDENTIAL Project information Contact Construction of light rail transit (high speed tram) in Almaty Project profitability for the period of 10 years (in th. USD) Project profitability Project cost: USD 510 mln. Location: Almaty city Implementation period: 2018-2020 Project scope: provision with high quality service of public (passengers) and improvement of city environment. Finished product: Passenger transportation Production capacity: 62 thsd. Passengers/day. Density of passenger traffic for 2018-2022-2027 -2037 ( 1st, 5th, 10th, 20th years of exploitation) 22,95 - 30,55 - 40,06 -46,70 mln. people. Potential markets: Almaty inhabitants and guests Provision of land and premises: available Feasibility Study Required financing: USD 510 mln. Required investor type: Company name «Almaty Develoment Center», JSC Year of establishment Presence on the market: Current operation: Project initiator ☑ Equity ☑ Debt ☑ Technology transfer ☐ Other Contact information Project initiator’s contacts: «Almaty Develoment Center», JSC Indicator Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10 Gross profit EBITDA Interest Taxes Net profit Discount factor Payback Period 11 years Payback Period disc. Project capex 103 mln, USD Project NPV 10 years Project IRR9% Project profitability Madi Kanafin Senior specialist at Sectorial department on transport and logistics infrastructure, KAZNEX INVEST, JSC Mob: +7 701 7073144 E-mail: kanafin@kaznexinvest.kz

7. 7 CONFIDENTIAL Project information Contact Bus rapid transit (BRT) Project profitability for the period of 10 years (in th. USD) Project profitability Project cost: USD 56,1 mln. Location: Almaty city Implementation period: 2014-2016 Project scope: Bus rapid transit is a flexible, rapid transit system that merges various physical and operating elements into one joint system with a high quality performance, lower cost and simplicity of utilization Finished product: Passenger transportation Production capacity: Potential markets: Almaty inhabitants and guests Provision of land and premises: Feasibility study Required financing: USD 56,1 mln. Required investor type: Company name «Almaty Develoment Center», JSC Year of establishment Presence on the market: Current operation: Project initiator ☑ Equity ☑ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: «Almaty Develoment Center», JSC Indicator Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10 Gross profit EBITDA Interest Taxes Net profit Discount factor Payback Period Payback Period disc. Project capex Project NPV (10 years) Project IRR Project profitability Madi Kanafin Senior specialist at Sectorial department on transport and logistics infrastructure, KAZNEX INVEST, JSC Mob: +7 701 7073144 E-mail: kanafin@kaznexinvest.kz

8. 8 CONFIDENTIAL Project information Contact Construction of the bus station «Western» near Almaty city Project profitability for the period of 10 years (in th. USD) Project profitability Project cost: USD 71,9 mln. Location: Almaty city, Alatau district north ave. Raiymbek street angle Auezov (md. Kalkaman) Implementation period: 2015-2017 Project scope: qualitative improvement in passenger service, reducing the traffic load on the road network in Almaty and increasing road safety, the improvement of the ecological situation in the city Finished product: Selling of the tickets, luggage storage, buses landing, bus maintenance, bus storage, service for the drivers, parking for 5,000 cars Production capacity: Estimated daily departures - 30,000 passengers / day Potential markets: Almaty inhabitants and guests Provision of land and premises: land and feasibility study Required financing: USD 71,9 mln. Required investor type: Company name state-owned public institution Department of passenger transport of the Almaty city, «Almaty Develoment Center», JSC Year of establishment Presence on the market: Current operation: Project initiator ☑ Equity ☑ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: «Almaty Develoment Center», JSC Indicator Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10 Gross profit EBITDA Interest Taxes Net profit Discount factor Payback Period Payback Period disc. Project capex Project NPV (10 years) Project IRR Project profitability Madi Kanafin Senior specialist at Sectorial department on transport and logistics infrastructure, KAZNEX INVEST, JSC Mob: +7 701 7073144 E-mail: kanafin@kaznexinvest.kz

9. 9 CONFIDENTIAL Project information Contact Construction of the bus station «Eastern» near Almaty city Project profitability for the period of 10 years (in th. USD) Project profitability Project cost: USD 97,7 mln. Location: Almaty city, north by Talgarsky path st., east by Kuldzhinsky tract st. Implementation period: 2015-2017 Project scope: Construction of the bus station will improve the traffic situation of the city, as it will create conditions to restrict the entry of transit and regional transport in the eastern direction Finished product: Selling of the tickets, luggage storage, buses landing, bus maintenance, bus storage, service for the drivers, parking for 5,000 cars Production capacity: Estimated daily departures - 15,000 passengers / day Potential markets: Almaty inhabitants and guests Provision of land and premises: land and feasibility study Required financing: USD 97,7 mln. Required investor type: Company name state-owned public institution Department of passenger transport of the Almaty city, «Almaty Develoment Center», JSC Year of establishment Presence on the market: Current operation: Project initiator ☑ Equity ☑ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: «Almaty Develoment Center», JSC Indicator Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10 Gross profit EBITDA Interest Taxes Net profit Discount factor Payback Period Payback Period disc. Project capex Project NPV (10 years) Project IRR Project profitability Madi Kanafin Senior specialist at Sectorial department on transport and logistics infrastructure, KAZNEX INVEST, JSC Mob: +7 701 7073144 E-mail: kanafin@kaznexinvest.kz