1. 1 CONFIDENTIAL Acquisition and greenfield investment opportunities in machinery industry in Kazakhstan October 2015 This Presentation does not constitute an offer or invitation to the public in any jurisdiction to purchase any shares or assets of any Company, and does not constitute or form any part of any offer or invitation to purchase shares, nor shall it or any part of it form the basis of, or be relied upon, in any way in connection with any contract or investment decision relating to any shares. Information contained herein should be treated as confidential. Copying or distributing without prior written consent from Kaznex Invest is prohibited.  Machinery industry is an important sector of the economy of any industrially developed state.  Producing all kinds of equipment, machines, appliances, and consumer goods, machinery provides stability of activities of agriculture, energy and metallurgical sectors, transportation and other key sectors of the economy.  Individual sub-sectors of machinery industry provide investment goods industries, such as textile, pulp and paper, mining, and construction and agriculture. Market value rangeSectors Best locations 12345 Motor-car construction Electrical equipment Production of agricultural machinery Manufacture of railway equipment

2. 2 CONFIDENTIAL Madina Kemalova Leading specialist at Sectorial department on machinery industry, KAZNEX INVEST, JSC Mob: +7 701 554 47 11 E-mail: kemalova@kaznexinvest.kz Project information Contact Project profitability for the period of 4 years (in th. USD) Project profitability Project cost: USD 8.5 mln. Location: FEZ "Astana-new city“ Implementation period: 2016 Project scope: Justify the profitability and return on investment project of SKD assembly and sale of mobile concrete plants CemenTech (USA); Prove the opportunity of the effectiveness of invested funds. Finished product: mobile concrete mixers, stationary mixers Production capacity: Planned annual production volume is about 50 units Potential markets: Turkey, Egypt, India, Iran, China, Kazakhstan, Russia, Ukraine, Belarus, Turkmenistan, Uzbekistan, Kyrgyzstan, Azerbaijan, Europe Provision of land and premises: At the first stage it is planned to build in the Industrial Park of SEZ "Astana- new city" Assembly plant with the production capacity of the Assembly 50 stationary mobile plants per year and warehouse of temporary storage (customs terminal). The Assembly is made from imported parts "CemenTech" Required financing: USD 8 mln. Required investor type: Year 1Year 2Year 3Year 4 Revenue 7 290 0009 570 000 COGS 5 308 9006 883 200 Taxes000 0 Net profit 17193882 309 150 Payback Period 3 years Payback Period disc. 4 years Project capex USD 1,8 mln. Project NPV (7 years) USD 4,2 mln. Project IRR 23% Company name LTD "KazakhPetrole um" Year of establishment 2000 Presence on the market: 2000 Current operation: The sale of machinery and equipment to companies and individuals in the Republic of Kazakhstan Project initiator Project profitability ☑ Equity ☐ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: LTD “KazakhPetroleum” Oryngali Askar +77172 787978 Assembly of mobile concrete plants «CemenTech» (USA) on the territory of FEZ

3. 3 CONFIDENTIAL Project information Contact Project profitability for the period of 7 years (in th. USD) Project profitability Project cost: USD 18,7 mln. Location: South- Kazakhstan region, Kyzylorda city Implementation period: 2016-2021 Project scope: - Import substitution; - The development of machinery industry in the region; - The creation of high-tech production. Finished product: At this plant using high-tech machines and equipment with Numerical control (CNC) machines will produce parts, spare parts for railway rolling stock JSC "NC "Kazakstan Temir Zholy", units, units, equipment and nonstandard equipment for JSC "NAC "Kazatomprom", agro-industrial, petroleum industries and business enterprises Production capacity: more than 211,985 units. parts per year. Potential markets: Kazakhstan, Russia, abroad Provision of land and premises: There is an agreement with a partner for the permises. Required financing: USD 8,7 mln. Required investor type: Payback Period 4 years Payback Period disc. 4 years Project capex USD 18,7 mln. Project NPV USD 0,2 mln. Project IRR 20% Company name JSC “NC “SEC “Baikonur” Year of establishment 2011 Project initiator Project profitability Contact information Project initiator’s contacts: АО “НК “СПК “Байконыр (Байконур)”. Тел: 8(7242) 60-51-60, 60-51-63 ☑ Equity ☐ Debt ☑ Technology transfer ☑ Other IndicatorYear 1Year 2Year 3Year 4Year 5Year 6Year 7 Revenue 3 526 8825 537 6348 059 13910 913 978 COGS 1 672 0432 876 3443 951 6125 112 903 Taxes Net profit -1 290 322,6 -1 758 064-854 838569 8922 252 6882 053 763 1 854 838 Madina Kemalova Leading specialist at Sectorial department on machinery industry, KAZNEX INVEST, JSC Mob: +7 701 554 47 11 E-mail: kemalova@kaznexinvest.kz Creation of machine-building plant in Kyzylorda city

4. 4 CONFIDENTIAL Project information Contact Project profitability Project cost: USD 24,36 mln. Location: Almaty city, Alatau district. Implementation period: 2015-2020 Project scope: The production and realization ultra- modern cable and wire production in markets, namely: the Republic of Kazakhstan, Russian federation, the republic of Belarus, and countries of Persian Gulf (UAE, Qatar, Iran, Saudi Arabia, etc.) Finished product: ultra-modern cable and wire production Potential markets: home market – realization of products on the whole territory of Kazakhstan – 40%, on export – 60%, Kazakh goods, services and works content in project – 80-85% Provision of land and premises: Securing raw materials and components - Potential suppliers of raw materials, "Kazzinc", "Kazakhmys", "Aluminium of Kazakhstan« Required financing: personal funds 5,1 million US dollars, Loan funds 19,26 million US dollars Required investor type: Payback Period 1,5 years Payback Period disc. 1,5 years Project capex USD 24,36 mln. Project NPV USD 11,04 mln. Project IRR 55% Company name «KMK construction – Investment» LLP. Year of establishment 2014 Presence on the market: 2014 Developed brands: Current operation: Project initiator Project profitability ☑ Equity ☐ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: «KMK construction – Investment» LLP. Almaty, Furmanova st. 100G. + 7 (727) 334-03-30 Madina Kemalova Leading specialist at Sectorial department on machinery industry, KAZNEX INVEST, JSC Mob: +7 701 554 47 11 E-mail: kemalova@kaznexinvest.kz As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal request The building of ultra-modern factory producing innovative energy efficient and ecological clear cable production with isolation from cross-linked polyethylene on up to 330 KV voltage in native creation

5. 5 CONFIDENTIAL Project information Contact Project profitability Project cost: USD 50 mln. Location: Industrial zone, Shymkent city, South- Kazakhstan region, Kazakhstan Implementation period: 2015-2017 Project scope: A plot of land is allocated for the construction in the industrial zone of Shymkent. Developing design estimates, fund raising. Finished product: 1) Transformers 6-10 kW; 2)Transformers 35-110 kw; 3) Constructions Production capacity: 160 units per year. Potential markets: CIS – 50%, Kazakhstan – 50%. Provision of land and premises: manufacturing of power transformers voltage class 220 kW and 500 kW in Shymkent: methods of optimization of capital expenditures; streamlining the sales of the holding: the best practices of sales in the B2B segment; strategy and organizational structure of the holding management: changes in the organizational structure and the system Required financing: USD 40 mln. Required investor type: Payback Period 7 years Payback Period disc. 7 years Project capex USD 9,3 mln. Project NPV (8 years) USD 4,5 mln. Project IRR 26% Company name JSC «Alageum Group» Year of establishment 1997 Presence on the market: 1997 Current operation: Project initiator Project profitability ☑ Equity ☐ Debt ☐ Technology transfer ☐ Other Contact information Project initiator’s contacts: Alageum Electric Holding company Zhaina Kuntuarova Mobile.: +7 701 554 8656 E-mail: zh.kuntuarova@alageum.comzh.kuntuarova@alageum.com Madina Kemalova Leading specialist at Sectorial department on machinery industry, KAZNEX INVEST, JSC Mob: +7 701 554 47 11 E-mail: kemalova@kaznexinvest.kz As for confidentiality terms, additional information on financial model and project documentation will be provided upon personal request Manufacture of 220-500 kV power transformers

6. 6 CONFIDENTIAL Project information Contact Project profitability for the period of 4 years (in th. USD) Project profitability Project cost: USD 1 mln. Location: Karaganda city Implementation period: 2015-2019 Project scope: -Production of high-tech trailer with an increase in the production line for agriculture -Organize the production and sales of trailers and semi- trailers for agricultural machinery in the internal market Finished product: - Trailers in the tandem version for agriculture (5,2 DL. Body, load capacity to 15 tons, speed- 60 km/h for the transport of vegetable crops and cereals); - Trailers in the tandem version for agriculture (capacity-15 tons, speed-60 km/h for the transport of vegetable crops, fertilizers, and agricultural waste) Production capacity: 1 year - 150 trailers; 2 year - 250 trailers; 3 year - 350 trailers;4 year - 450 trailers Potential markets: Kazakhstan, Russia, abroad Provision of land and premises: This production was planned to organize in the territory Mashzavod №1, which has the necessary infrastructure for the project. Required financing: USD 1 mln. Required investor type: Payback Period 11 years Payback Period disc. 11 years Project capex USD 1 mln. Project NPV USD 0,5 mln. Project IRR 15% Project initiator Project profitability Contact information Project initiator’s contacts: “LLP «IrbisKZ» Styukov Yuriy 8(7212)41-00-11, IndicatorYear 1Year 2Year 3Year 4 Sales (units) 150250350450 COGS 14 35014 66012 65312 406 Taxes7 49020 61358 07697 416 Net profit Madina Kemalova Leading specialist at Sectorial department on machinery industry, KAZNEX INVEST, JSC Mob: +7 701 554 47 11 E-mail: kemalova@kaznexinvest.kz Company name LLP «IrbisKZ» Current operation: -Mechanical engineering and metalworking -Manufacture of nonstandard equipment -Manufacture and repair of spare parts for agricultural machinery Manufacture of trailers and semi-trailers for agricultural machinery ☑ Equity ☐ Debt ☐ Technology transfer ☐ Other

7. 7 CONFIDENTIAL Project information Contact Project profitability for the period of 5 years (in th. USD) Project profitability Project cost: USD 47 mln. Location: Astana city Implementation period: 2016 Project scope: Creation of an enterprise for the assembly, repair and maintenance of military and civil aircraft (Center for assembling light aircraft). Finished product: Construction and commissioning of the “Aviation and Technology Center” Production capacity: Creation of Aircraft maintenance centre in Astana for the Assembly and maintenance of aircraft and helicopters will contribute to the development of small aircraft of the Republic of Kazakhstan,to promote domestic regional airlines in the Republic of Kazakhstan, increase of freight traffic and passenger traffic and the development of the agroindustrial complex of Kazakhstan. Potential markets: Kazakhstan, Russia, abroad Required financing: USD 60 000 Required investor type: Payback Period 9 years Payback Period disc. 7 years Project capex USD 47 mln. Project NPV USD 22 mln. Project IRR 18% Project initiator Project profitability Contact information Project initiator’s contacts: Mukanov Askar Manager of the project LLP “Kazakhstan Aviation Industry” Tel. 273-204 (вн. 109) Mob. +7 701 520 24 38 IndicatorYear 1Year 2Year 3Year 4Year 5Total Sales 23 543 89925 412 07552 087 11559 378 56866 386 766226 808 423 COGS 23 597 03921 035 57936 894 91437 991 56339 963 927159 483 023 EBITDA -53 1404 376 49615 192 20021 387 00426 422 83867 325 400 Interest & depreciation 2 359 888 2 359 887 9 439 551 Taxes 2 522 5602 722 7226 116 4777 219 1328 398 58226 979 474 Net profit -2 575 701-706 1136 715 83611 807 98415 664 36830 906 374 Madina Kemalova Leading specialist at Sectorial department on machinery industry, KAZNEX INVEST, JSC Mob: +7 701 554 47 11 E-mail: kemalova@kaznexinvest.kz Company name Civil Aviation Committee Ministry of Transport and Communicatio ns "The establishment of the aviation technical centre in Astana" ☑ Equity ☐ Debt ☐ Technology transfer ☐ Other

8. 8 CONFIDENTIAL Project information Contact Project profitability for the period of 7 years (in th. USD) Project profitability Project cost: USD 9,5 mln. Location: Atyrau region Implementation period: - Project scope: The construction of plant for the production of oil and gas equipment and steel structures Finished product: Technological capacity, water supply points, oil and gas separators, welded beams, piping and other components. Production capacity: 2520 tons of metal constructions and 72 units of oil and gas equipment Potential markets: Kazakhstan, Russia, abroad Required financing: USD 8,9 mln. Required investor type: Payback Period 7 years Payback Period disc. 3 years Project capex USD 1 mln. Project NPV USD 1,85 mln. Project IRR 39,04% Project initiator Project profitability Contact information Project initiator’s contacts: LLP “AtyrauSteelPlant” +7 701 5010820 IndicatorYear 1Year 2Year 3Year 4Year 5Year 6Year 7 Revenue COGS Taxes Net profit Madina Kemalova Leading specialist at Sectorial department on machinery industry, KAZNEX INVEST, JSC Mob: +7 701 554 47 11 E-mail: kemalova@kaznexinvest.kz Company name LLP "AtyrauSteelPl ant" The construction of a plant for the production of oil and gas equipment and steel structures ☑ Equity ☐ Debt ☐ Technology transfer ☐ Other