FULL LIST OF RATING ACTIONS

• Long-term foreign currency Issuer Default Rating (IDR) affirmed at 'BB-', Outlook Stable
• Long-term local currency IDR affirmed at 'BB-', Outlook Stable
• National Long-term Rating affirmed at 'BBB+(kaz)', Outlook Stable
• Short Term foreign currency IDR affirmed at 'B'
• Local currency senior unsecured rating affirmed at 'B+'
• National senior unsecured rating affirmed at 'BBB-(kaz)'.