/REPEAT/ HALYK FINANCE ANNOUNCES ROADSHOW FOR PROSPECTIVE INVESTORS ON NOVEMBER 6, 2017 AS PART OF POSSIBLE EUROBONDS ISSUE BY NATIONAL COMPANY KAZAKHSTAN TEMIR ZHOLY

/KASE, November 6, 2017, November 1, 2017 news repeat/ – Halyk Finance, subsidiary of Halyk Bank of Kazakhstan (Almaty, in the heading and hereinafter – Halyk Finance), has provided Kazakhstan Stock Exchange (KASE) with the following information message: quote NOT FOR DISTRIBUTION IN THE UNITED STATES (EXCEPT TO QIBS (AS DEFINED BELOW)), THE UNITED KINGDOM OR TO ANY PERSON OR RESIDENT IN JAPAN, CANADA OR AUSTRALIA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL. JSC NC Kazakhstan Temir Zholy ("KTZ"), the 100% state-owned national transportation and logistics operator of the Republic of Kazakhstan, has mandated J.P. Morgan and Renaissance Capital as Joint Global Coordinators, and Halyk Finance, J.P. Morgan, MUFG and Renaissance Capital as Joint Bookrunners to arrange a series of fixed income investor meetings in Kazakhstan, Europe and the US, commencing on October 31, 2017. A USD-denominated benchmark Reg S / 144A senior unsecured bond offering with an expected tenor of 10 to 15 years, which is expected to be rated Baa3 (Moody’s) and BBB- (Fitch), will follow, subject to market conditions. In addition, on 27 October KTZ announced an invitation to holders of its outstanding US$700mm 6.375% notes due 2020 (the "Notes") to tender any and all Notes for cash and concurrently consent to the mandatory early redemption of the Notes (expected to be on or about November 29, 2017). The Early Participation Deadline has been set on November 9, 2017, and the Final Expiration Deadline has been set on November 24, 2017. FCA/ICMA stabilization. JSC Halyk Finance, as a joint bookrunner, hereby announces that a roadshow presentation for prospective Kazakhstani investors will be held on November 6 at 15:00 Almaty time at the KASE's premises located at: 8th floor, Northern tower of Multifunctional Complex "Almaty Towers", 280 Baizakov Str., Almaty For inquiries and to register for this roadshow presentation, please contact the following representatives of JSC Halyk Finance and the KASE: Farkhad Okhonov, tel. 8 (727) 357-31-69, e-mail: F.Okhonov@halykfinance.kz Sanzhar Ospanov, tel. +7 (727) 357-31-77 (ext. 3327), e-mail: S.Ospanov@halykfinance.kz KASE, tel. +7 (727) 237-60-19, e-mail: customers@kase.kz JSC NC KTZ is a holding company carrying out such activities as performing functions of the national mainline railway network operator as well as rendering passenger and freight transportation services. The Sole Shareholder of JSC NC KTZ is JSC National Welfare Fund Samruk-Kazyna. The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States of America. The materials do not constitute an offer of securities for sale in the United States. The securities and the guarantee discussed herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") and the securities may not be offered or sold in the United States of America absent registration or an exemption from registration as provided in the U.S. Securities Act, and the rules and regulations thereunder. The securities are being offered and sold (i) outside the United States pursuant to Regulation S and (ii) inside the United States to qualified institutional buyers ("QIBs") within the meaning of Rule 144A under the U.S. Securities Act. No public offering of securities is being or will be made in the United States of America. The information contained herein shall not constitute or form part of any offer to sell or solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any suchjurisdiction. This communication does not constitute an offer of securities to the public in the United Kingdom. Consequently, this communication is directed only at (i) persons who are outside the United Kingdom, (ii) persons who have professional experience in matters relating to investments falling within Article 19(1) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"), (iii) high net worth entities falling within Article 49(2) of the Order and (iv) other persons to whom it may lawfully be communicated (all such persons together being referred to as "relevant persons"). Any investment activity to which this communication relates will only be available to, and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. A rating is not a recommendation to buy, sell or hold securities and may be subject to revision, suspension or withdrawal at any time by the assigning rating organization. Similar ratings for different types of issuers and on different types of notes do not necessarily mean the same thing. The significance of each rating should be analysed independently from any other rating. unquote [2017-11-06]