Statement re: KASE

12 December 2018, Astana

Regarding the listing and trading of shares of NAC Kazatomprom JSC on KASE

Following the release of information in the media on the listing and start of trading of shares of NAC Kazatomprom JSC (hereinafter - Kazatomprom) on the Kazakhstan Stock Exchange (hereinafter - KASE), we inform that Kazatomprom has not initiated the admission of shares to KASE, and will not be liable for any obligations associated with such admission to trading of Kazatomprom shares on KASE.

It should be noted that on November 13, 2018 within the scope of initial public offering Kazatomprom securities have been included into the Official List of Securities with the admission to trading on the Astana International Exchange (AIX) and to the Official List maintained by the UK Financial Conduct Authority (FCA), and to trading on the regulated market of the London Stock Exchange (LSE).

This announcement is not an advertisement and does not represent an invitation or an offer to acquire or sell any Kazatomprom securities in any jurisdiction.

For further information, please contact:

Kazatomprom Investor Relations

Tel: +7 7172 45 81 80

Email: ir@kazatomprom.kz

Kazatomprom Public Relations

Tel: +7 7172 45 80 63

Email: pr@kazatomprom.kz

A copy of this announcement will be made available at www.kazatomprom.kz.

About Kazatomprom

Kazatomprom is the world's largest producer of uranium, representing approximately 20% of total global uranium primary production in 2017. The Group benefits from the largest reserve base in the industry, with attributable uranium reserves of just under 300 ktU. Kazatomprom operates, through its subsidiaries, JVs and Associates, 26 deposits grouped into 13 mining assets, all of which are located in Kazakhstan. All of the Group's uranium deposits are suitable for ISR. A combination of the cost-efficient, low impact ISR technology and a long-life mining asset base allows the Group to remain sustainably among the leading and the lowest cost uranium producers globally.

For more information: http://www.kazatomprom.kz

Forward-looking statements

This document includes statements that are, or may be deemed to be, ''forward-looking statements''. These forward-looking statements can be identified by the use of forward-looking terminology including, but not limited to, the terms ''believes'', ''estimates'', ''anticipates'', ''expects'', ''intends'', ''may'', ''target'', ''will'', or ''should'' or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements include all matters that are not historical facts. They include, but are not limited to, statements regarding the Company's intentions, beliefs and statements of current expectations concerning, amongst other things, the Company's results of operations, financial condition, liquidity, prospects, growth, potential acquisitions, strategies and as to the industries in which the Company operates. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances that may or may not occur. Forward-looking statements are not guarantees of future performance and the actual results of the Company's operations, financial condition and liquidity and the development of the country and the industries in which the Company operates may differ materially from those described in, or suggested by, the forward-looking statements contained in this document. The Company does not intend, and does not assume any obligation, to update or revise any forward-looking statements or industry information set out in this document, whether as a result of new information, future events or otherwise. The Company does not make any representation, warranty or prediction that the results anticipated by such forward-looking statements will be achieved.