JPMorgan - KASE

Luxembourg or their respective direct or indirect participants or accountholders of their
respective obligations under the rules and procedures governing their operations or for the
sufficiency for any purpose of the arrangements described above.
Same-Day Settlement and Payment
The Notes represented by the Rule 144A Global Note will be eligible to trade in DTC’s Same Day
Funds Settlement System, and any permitted secondary market trading activity in such Notes will,
therefore, be required by DTC to be settled in immediately available funds. The Issuer expects
that secondary trading in any Definitive Notes would also be settled in immediately available
funds.
Replacement, Transfer and Exchange
If any Note at any time is mutilated, destroyed, stolen or lost, such Note may be replaced at the
cost of the applicant at the office of the Trustee or the office of the Registrar. The applicant for a
new Note must, in the case of any mutilated Note, surrender such Note to the Trustee or the
Registrar, as applicable, and, in the case of any lost, destroyed or stolen Note, furnish evidence
satisfactory to the Trustee or the Registrar, as applicable, of such loss, destruction or theft,
together with such indemnity as the Trustee or the Registrar, as applicable, and the Issuer may
require.
A Holder may transfer or exchange Notes in accordance with the Indenture. The Registrar and
the Trustee may require a Holder, among other things, to furnish appropriate endorsements and
transfer documents and the Issuer may require a Holder to pay any transfer tax or similar
governmental charge required by law. The Issuer and the Registrar are not required to transfer or
exchange any Note selected for redemption. Transfers of Notes in definitive form may be made
at the office of the Luxembourg Sub-Paying and Transfer Agent.
Notices
Any notice or communication to a Holder of Notes shall be mailed by first class mail, certified or
registered, return receipt requested, or delivered by overnight air courier guaranteeing next day
delivery, in each case to its address shown on the register kept by the Registrar. In addition, for
so long as the Notes are listed on the Luxembourg Stock Exchange and its rules so require, any
such notice or communication (including, without limitation, any notice of redemption) to
Holders shall be published in a newspaper having general circulation in Luxembourg, which
newspaper may be the Luxemburger Wort, or if such newspaper ceases to be published or timely
publication in it will not be practicable, in such other newspaper as the Trustee deems necessary
to give fair and reasonable notice to the Noteholders.
Governing Law; Consent to Jurisdiction and Service; Arbitration
The Indenture and the Notes will be governed by and construed in accordance with the laws of
the State of New York.
The Indenture will provide that the Issuer and each Guarantor will appoint CT Corporation as its
agent for service of process in any suit, action or proceeding with respect to the Indenture, the
Notes and the Guarantees and for any actions brought under U.S. federal or state securities laws
brought in any U.S. federal or state court located in The City of New York and submit to such
jurisdiction.
As of the date hereof, however, a judgment obtained in any U.S. federal or state court located in
The City of New York against a Guarantor would not be enforceable against such Guarantor in
Kazakhstan, as Kazakhstan is not party to any applicable treaty with the United States relating to
the enforcement of foreign judgments. Accordingly, the Indenture will provide that, at the
option of any Holder, any dispute or difference of whatever nature however arising under, out
of or in connection with the Indenture, the Notes and/or the Guarantees held by such Holder
125