The regular meeting of the Board of Directors of Tau-Ken Samruk JSC was conducted with discussion and making decision on the following 11 issues.

On 31 October 2013 the regular meeting of the Board of Directors of Tau-Ken Samruk JSC was conducted with discussion and making decision on the following 11 issues.

Internal documents of Tau-Ken Samruk SJC were approved related to the amendment of the Regulation on Audit Committee of the Board of Directors of Tau-Ken Samruk JSC, Action Plan for improvement of the corporate risk management system of Tau-Ken Samruk JSC.

With regard to the activities related to the competence of the general meeting of shareholders (participants) of a legal entity with ten and over percent of shares (stakes in the authorized capital) owned by Tau-Ken Samruk JSC, the Board of Directors of Tau-Ken Samruk JSC made decisions to appoint M. Tleuzhanov to the position of the Director of Tau-Ken Altyn JSC, to amend the Articles of Association of Tau-Ken Samruk JSC, to review some issues of Tau-Ken Mining LLP, to determine the position of Tau-Ken Samruk JSC as a participant of JV Tau-Ken Project as well as to provide the consent to the Deputy Chairman of the Management Board of Tau-Ken Samruk JSC for holding the position of the Chairman of the Supervisory Board of JV Tau -Ken Project LLP.

At the same time the Board of Directors has reviewed the Reports on implementation of the Action Plan for improvement of the corporate governance system of Tau-Ken Samruk JSC for 9 months 2013, on implementation of the Action Plan for improvement of the internal control system of Tau-Ken Samruk JSC for 2013 for 9 months of 2013, on activities of the Corporate Secretary of Tau-Ken Samruk JSC for the 3Q2013.