1. Investor Presentation 2013 KAZPETRODRILLING

2. Table of Contents 1.Introduction to KazPetroDrilling3 2.Investment Highlights6 3.Growth Opportunity12 4.Operational Highlights17 5.Financial Highlights23

3. 1. INTRODUCTION TO KAZPETRODRILLING

4. Key Operational and Financial Characteristics Operational201120122013F Total Drilling Volume347 thous.m418 thous.m538 thous.m Drilling Efficiency1310 m/ drill crew/ day 1721 m/ drill crew/ day 1737 m/ drill crew/ day Employees3 5854 9405 253 Drill Rigs343842 Workover Rigs405251 Cementing (Currently Dormant) 3

5. Implemented and perspective projects

6. Market Leader With 18% market share by drilling volume KPD is the unrivalled leader in Kazakhstan, with the closest competitor occupying the mere 8% of the market KPD demonstrated resilient performance in face of the turbulent business climate The Group’s modernised drilling fleet (42 rigs) and workover fleet (51 items), along with the planned increased capacity will allow to further diversify client portfolio The Group enjoys modern drilling technology collaborating with many companies such as Schlumberger, Backer Hughes, NOV, Suay Energy, etc. …Becoming the Largest Driller in Kazakhstan Kazakhstan Drilling Market by Volume Drilled 2012 Total Volume Drilled: 2,208,213 meters 10

7. Imcreased Drilling Speed Meters Drilled per Rig per Month Source: Company. 11

8. KPD Overview Abandonment Volume Drilling VolumeWorkover Volume 17

9. Health & Safety and Environment 22 The Health & Safety and Environmental policy of the Company comprises the following main tasks: to provide environmental protection through the application of the best technologies and practices; to observe environmental legislation; to maintain implementation of the quality control system (according to ISO 9001) and environmental management system (according to ISO 14001); to utilize production wastes and eliminate land contamination. The Company operates in compliance with all applicable requirements in the area of health, safety and environment, methods and best international petroleum industry practices for the development of oilfields. Annually the Company invests progressively (as demonstrated at table) in HSE actions. In 2010, the Company invested KZT 739.8 mln in HSE, in 2011 – KZT 1140 mln, in 2012 – KZT 1 207 mln. In 2013, the Company invested KZT 1 542.7 mln (USD$ 10.2 mln) for the implementation of environmental and safety measures. Subsidiary companies include HSE departments. HSE Departments consist of teams of 30 employees. For the current year the Company obtained the ecological permits and approval of its environmental protection plans from the Ministry for Environmental Protection, which must be fulfilled. In addition, the Company has developed and coordinated with the Ministry for Environmental Protection and Ecological Control Program through which the ecosystems of the fields are being permanently monitored. The Company monitors the environmental situation of its production facilities annually. For this purpose the Company engages independent specialized organizations which have necessary permits, licenses and accredited laboratories to carry out tests. The Company has been carrying out measures to clean up contaminated lands using the latest biotechnologies for the reclamation of oil-contaminated land. For this purpose the Company has supplied specialized companies with the necessary permits, licenses, equipment and qualified personnel.