This document summarizes Kazakhstan's privatization plan from 2016-2020. It shows that 59 state assets from List 1 have been privatized so far, with proceeds of 7.3 billion KZT. 44 assets from List 1 remain for consideration by the state commission by the end of 2016. From List 2, 74% of assets proposed have been approved for privatization so far. Upcoming auctions are scheduled in October 2016 for 10 major assets. The status of various privatization deals and assets is provided.

1. Approved by the State
Commission:
131 including
Current Status of Implementation of the Complex Privatization Plan for
2016-2020 (from the 1st of October 2016)
TOTAL: 37
35 assets
from the
List #1
Remaining
44 assets from
the List#2
32
Completed
Number of companies
withdrawn from the
Fund’s group
List #1
44 assets
List #2
173 assets Consideration by
the State
Commission until
the end of 2016
5
Deal Closure:
TOTAL: 59
14
Liquidated
45
In the process
of liquidation
TOTAL: 12
5
Reorganized
7
In the process of
reorganization
TOTAL: 21
2
Excluded from
the Gov-t’s
Decree
19
Set for an
auction
Consideration by
the State
Commission in
2016-2020
7 IPO
candidates
the List #1
Implementation
in 2018-2020
Proceeds from
privatization of the
Fund’s assets
58 7,3
bln KZT
Total
217
Companies

2. 2 assets
approved by the State
Commission
Issues and Assets from the List #1 to be submitted for consideration of the State
Commission until the end of 2016
10 assets and issues for
consideration by the State
Commission in October 2016
22/04/2016
KMG International N.V.
(status: deal closure is
expected)
Roadmap of IPO of major
assets of the Fund
22/04/2016
“Euro-Asia Air” JSC
(status: two-stage tender
failed.
Repeated public
announcement is expected)
10/2016:
1. Transtelecom
2. MREK
3. VKREK
4. Aktobe CHP
5. Tegis Munai
6. EKZ
7. LKZ
8. Tulpar-Talgo
9. KTZE-Khorgos
Gateway
10. KBTU
Total
44
assets

3. Consideration of assets from the List #2 by the
State Commission
(by national companies)
Approved by the State Commission Remaining for consideration by the State
Commission
100%80%60%40%20%0%
1KEGOC JSC
2
5 2
Kazatomprom JSC
Samruk-Energy JSC
UCC LLP
Tau-Ken Samruk JSC
4
Kazpost JSC
10
1
5
3
25
50 14
17 20Kazakhstan Temir Zholy JSC
Kazmunaigaz JSC
14Kazakhstan Engineering JSC
Kazakhtelecom JSC
Average
percentage of
approval
74%

4. Electronic Auctions Pipeline
(as of 1st of October 2016 )
Failed:
14/09/2016
1. Aircraft Repair Plant
№406
2. Aircraft Repair Plant
№405
Announced:
19/10/2016:
1. Bas-Balkhash 2004
2. Rauan-Burabay
3. Regional Forward
Logistics
4. Kazelectroprivod
5. MAK-Ekibastuz
6. Magistral-Kizmetі
7. Center for transport
services
Announced:
12/10/2016
1. SMP Group
Sold:
30/06/2016
1. Karagandahyproshaht
2. Shelek-28
14/09/2016
3. MBM-Kirovets
For liquidation/
reorganisation:
1. Kazatomprom-
Sorbent
Announced:
18/10/2016
1. Ulba Recreation Center
25/10/2016
1. Kazenergoprovod
Sold:
21/09/2016
1. Kazperoxide
1st auction:
upward adjustment
2nd auction:
downward adjustment
3rd auction:
downward adjustment
Liquidation/
Reorganization*
To be announced:
1. Arsenalmashzavod
2. ZIKSTO
3. Auto Repair Plant
№832
4. PSZ Omega
5. UCC Engineering
6. Kaskor-TransService
(including Semurg
Invest Temit Zholy)
* According to the law «Concerning sovereign
wealth fund» unrealized assets at the 3rd
auction have to be liquidated or reorganized