Agenda

                                                                                                            May 16, 2007

Meeting of the International Advisory Board

of Agency of the Republic of Kazakhstan on Regulation of Activities of the Regional Financial Centre of Almaty City

Agenda

1.       Introduction of new members of the Advisory Board.

2.       Approval of the Agency’s report on activities during the period February 2007 - May 2007.

3.       Presentation of the OMX Consultant’s Report for Development of Kazakhstan Securities Market - RFCA business model with the
focus on issuers and investors.

4.       Discussion of recommendations given on the last meeting of the Advisory Board.

5.       Consideration of main current projects of Agency.

6.       Others.