Kazatomprom completes the acquisition of a 40.05% share in Energy Asia (BVI) Limited and 16.02% in JV “Khorasan-U” LLP

National atomic company Kazatomprom JSC  (hereinafter - “Kazatomprom” or “the Company”) announces the completion of the transaction on acquisition of 40.05% shares of Energy Asia (BVI) Limited and 16.02% participatory interest in the chartered capital of JV “Khorasan-U” LLP from Energy Asia Holdings (BVI) Limited.

As a result of the completed transaction Kazatomprom’s ownership structure of the “Baiken-U” LLP, “Kyzylkum” LLP and JV “Khorasan-U” LLP becomes 52.5%, 50% and 50% respectively.

The Company’s intention to increase its effective equity interests in the abovementioned assets was reflected in the IPO Prospectus.

For further details please contact:

Kazatomprom Investor Relations
Tel: +7 7172 45 81 80
Email: iratkazatomprom.kz

Kazatomprom Public Relations 
Tel: +7 7172 45 80 63
Email: pratkazatomprom.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.

Forward-looking statements

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