Result of Noteholders' Meeting (9177Y)

TIDM94DU TIDM94DV

RNS Number : 9177Y

JSC National Atomic Co. Kazatomprom

07 March 2012

KAZATOMPROM ANNOUNCES RESULTS OF CONSENT SOLICITATION

7 March 2012 - JSC National Atomic Company Kazatomprom ("Kazatomprom"), a joint stock company organised in the Republic of Kazakhstan, has today announced the results of its solicitation of consents (the "Consent Solicitation") from holders (the "Noteholders") of its U.S.$500,000,000 6.25% Notes due 2015 (Regulation S Notes: ISIN XS0510820011 / Common Code 051082001; Rule 144A Notes: ISIN US63253RAA05 / CUSIP 63253RAA0 / Common Code 051127641; KASE Trading Code KZAPe1 (the "Notes").

Pursuant to the Consent Solicitation, Kazatomprom requested the Noteholders to approve certain proposed waivers of the provisions of the Terms and Conditions of the Notes and the Trust Deed (the "Proposal"). Capitalised terms used in this announcement and not otherwise defined herein have the meanings ascribed to them in the Consent Solicitation Memorandum dated 13 February 2012 issued by Kazatomprom (the "Consent Solicitation Memorandum").

The Proposal was considered and duly passed at a meeting of the Noteholders held on 7 March 2012 at the offices of Dewey & LeBoeuf LLP, 1 Minster Court, Mincing Lane, London EC3R 7YL. Accordingly, the waivers referred to in the Extraordinary Resolution will be implemented with effect on and from 7 March 2012.

On 9 March 2012, the Issuer will pay to each Noteholder from whom a valid Electronic Voting Instruction or DTC Instruction consenting to the Proposal was received by the Tabulation Agent the Early Consent Fee, if such Electronic Voting Instruction or DTC Instruction was received prior to 3:00 p.m. London time on 24 February 2012, or the Consent Fee, if such Electronic Voting Instruction or DTC Instruction was received prior to 3:00 p.m. on 5 March 2012.

Any inquiries should be directed to The Bank of New York Mellon, London Branch (the "Tabulation Agent") on telephone +44 20 7964 4958 or by e-mail to debtrestructuring@bnymellon.com

THIS ANNOUNCEMENT MUST BE READ IN CONJUNCTION WITH THE CONSENT SOLICITATION MEMORANDUM

Within the United Kingdom, this announcement is directed only at persons having professional experience in matters relating to investments who fall within the definition of "investment professionals" in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 ("relevant persons"). The investment or investment activity to which this announcement relates is only available to and will only be engaged in with relevant persons and persons who receive this announcement who are not relevant persons should not rely or act upon it.

The distribution of this announcement in certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes are required to inform themselves about, and to observe, any such restrictions.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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