Halyk Bank AO : Announcement of Annual General Shareholders’ Meeting of JSC Halyk Bank

The Board of Directors of JSC Halyk Bank hereby announces its Annual General Shareholders' Meeting to be held on 21 April 2017 at11.00 a.m. Almaty time at the following address: Conference hall, 40, Al-Farabi Ave., Almaty, Republic of Kazakhstan.

Agenda:

1. Approval of the agenda of the Annual General Shareholders' Meeting of JSC Halyk Bank.
2. Approval of JSC Halyk Bank's annual financial statements for the year 2016.
3. Approval of the procedure of distribution of JSC Halyk Bank's net income for the year 2016. Adoption of resolution on payment of dividends on JSC Halyk Bank's common shares. Approval of the amount of dividend per common share of JSC Halyk Bank.
4. Consideration of the 2016 Performance Report of the Board of Directors of JSC Halyk Bank.
5. Determination of the number of members of the Board of Directors of JSC Halyk Bank.
6. Determination of the term of powers of the Board of Directors of JSC Halyk Bank.
7. Election of members of the Board of Directors of JSC Halyk Bank.
8. Informing shareholders of JSC Halyk Bank on the amount and structure of remuneration for the members of the Board of Directors and Management Board of JSC Halyk Bank.
9. Approval of amendments to the Charter of JSC Halyk Bank.
10. Approval of amendments to the Corporate Governance Code of JSC Halyk Bank.
11. Approval of amendments to the Regulations on the Board of Directors of JSC Halyk Bank.
12. Consideration of information on shareholders' appeals on actions of JSC Halyk Bank and its officials, and on results of consideration thereof.

The list of shareholders entitled to participate at the General Shareholders' Meeting will be determined based on the shareholder register of JSC Halyk Bank as at 21 March 2017.

In accordance with second part of clause 1 of Article 43 of the Law on Joint-Stock Companies, the agenda of the General Shareholders' Meeting may be supplemented by a shareholder holding solely or collectively with other shareholders five or more percent of voting shares of the Company, or by the Board of Directors provided that shareholders of the company are notified of such supplements not later than fifteen days before the date of the general meeting or in the manner prescribed by clause 4 of Article 43 of the Law on Joint-Stock Companies.

Shareholders are invited to participate at the Annual General Shareholders' Meeting. For any further information and materials related to the agenda and other details of General Shareholders' Meeting, please call at: 8 (727) 259 07 77, 8-8000 8000 59.

Registration of participants of the General Shareholders' Meeting will proceed from 10.00 a.m. to 10.45 a.m. (Almaty time) at the venue of the General Shareholders' Meeting.

The attending shareholders (their representatives) are registered prior to the opening of the General Shareholders' Meeting. Make sure to have identity document. The shareholder's representative must present power of attorney confirming its authority to participate and vote at the General Shareholders' Meeting, or the document confirming the right to act without power of attorney on behalf of the shareholder or represent its interests.

The shareholders-legal entities must present statement for compliance with the requirements of the first part of clause 5 of Article 17 of the Law of the Republic of Kazakhstan 'On Banks and Banking Activity in the Republic of Kazakhstan' (hereinafter - the 'Law on Banks and Banking') by their shareholders (participants) with respect to the registration country of the shareholders (participants). The statement form is available on the corporate website of JSC Halyk Bank: http://www.halykbank.kz/.

In the absence of a quorum, the Annual General Shareholders' Meeting of JSC Halyk Bank shall reconvene on 24 April 2017 at 11.00 a.m. (Almaty time) at: Conference hall, 40, Al-Farabi Ave., Almaty, Republic of Kazakhstan

Special note to the holders of Global Depositary Receipts (GDRs) intending to vote at the general shareholders' meeting

Details of the procedure for voting of shares represented by GDRs are specified in Article 12 of the Terms and Conditions of the GDRs. Copy of the Terms and Conditions on the GDRs is available on the website of JSC Halyk Bank and also from Deutsche Bank Trust Company Americas, 60 Wall Street, New York NY, 10005 U.S.A. (the 'Depositary').

Items of the above agenda proposed for voting together with supporting materials and voting instructions will be provided through the Depositary in due course.

For further information please contact:

Depositary

Ms. Beverly George
Telephone: +1 212 250 1504
Fax: +1 212 797 0327
E-mail: beverly.a.george-ny@db.com

Ms. Duewa T Brooks
Telephone: +1 212 250 1305
Fax: +1 212 797 0327
E-mail: duewa.t.brooks@db.com

JSC Halyk Bank

Financial Institutions
Fax: + 7 (727) 259 04 64
Telephone: +7 (727) 259 04 30
E-mail: mirak@halykbank.kz