On institution on an action on corporate dispute

The company «Firebird Republics Fund, Ltd», registered at (legal address): C\o Trident Trust Co (Cayman) Ltd. 1 Capital Place, Box 847, Grand Cayman, is bringing an action (initiating legal proceedings) against JSC Kazakhtelecom located at 31 Abai avenue, the city of Astana, by submitting the statement of claim to the Specialized inter-district economic Court of the city of Astana as of 17.09.13 on recognition of tax deduction as unlawful act and on reclamation of the amount of dividends that would have been accrued had this tax deduction not occurred (not taken place).

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