The resolution of the Board of the National Bank of 24 August 2012 # 242 approved the Rules for establishing an official rate of the RoK national currency against foreign currencies (hereinafter – the “Rules”). The RoK National Bank has established the official exchange rate of the national currency against foreign currencies for every working day, in which the Stock Exchange conducts trading in foreign currencies.

The list of foreign currencies which are set an official exchange rate of the national currency by the National Bank is determined as the annex to the rules.

An average exchange rate of the national currency against U.S. dollar formed at morning (basic) session of the stock exchange as at 11-00, Astana time is set as the official exchange rate of the national currency to the U.S. dollar following the day of the trading day.

For other foreign currencies specified in the annex to the Rules, the national currency rated against the foreign currency is computed by the National Bank using the cross-rate to the U.S. dollar formed in accordance with the prevailing demand quotations obtained via news agency as at 15-00 Astana time on the day of trading on the Stock Exchange and is set as the official exchange rate for the next working day.

In non-working days, the rates set by the National Bank on the business day preceding a non-working day are effective. Numerical value of calculated formal rates includes two decimal places.

Resolution of the Board of the National Bank of 24 August 2912 # 242 was put into effect after 10 calendar days after its first official publication (“Kazakhstanskaya Pravda” of 27 December 2012 # 449-450 (27268-27269)), i.e. 7 January 2013 .

Source: The RoK NB web-site.