Dividend announcement

05 May 2015

Hong Kong - Chagala Group Limited (Chagala or the 'Company') is pleased to announce that the Board of Directors of the Company has unanimously approved the distribution of a dividend to shareholders of the Company.

The dividend will be 1.46 US cents per share with a record date of 10 May, 2015 and a payment date no later than 15 May, 2015.

Francisco Parrilla, Chief Executive Officer of the Company, stated "2014 was a solid year for the Company and our financial results reflect that fact. Consequently, the Board has, after providing due consideration to our current and future financial responsibilities, decided to distribute the majority of our profit from last year as a dividend to our shareholders."

Chagala is a service company focused on providing long and short term accommodation solutions to domestic and international oil and gas companies developing Kazakhstan's largest hydrocarbon discoveries. With the ownership of hotels, guest houses, serviced apartments, remote site facilities, restaurants and offices in its portfolio, Chagala is well positioned to capitalize on the oil and gas investment being made in Kazakhstan.

For more information:
Francisco Parrilla, Chief Executive
Chagala Group Limited
+ 7 (727) 298 0131

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