Adam Smith Conferences and IBC Global Conferences would like to extend a very sincere thanks to all participants for the outstanding success of the “THE KAZAKHSTAN GROWTH FORUM”, which took place on 27^th - 29^th June, 2007 in Marriott Grosvenor Square Hotel in London.

500+ attendees gathered over the 3 days of the Forum to exchange experiences, gather new information and take advantage of unique networking opportunities. They represented the top Kazakh companies and key present and potential investors in Kazakhstan from more than 20+ countries, including: UK, Germany, France, Belgium, Austria, Switzerland, Netherlands, Cyprus, Bahrain, Finland, Sweden, Norway, Czech Republic, Russia, Turkey, Uzbekistan, USA and more.

The conference discussed and analysed the economic, social and political situation in Kazakhstan, as well as reviewing the investment climate and legislation issues. It offered in-depth analysis of all major industry sectors including: Finance; Construction & Real Estate; Oil & Gas; Energy; Metals & Mining; Infrastructure & Transport; Telecommunications & IT. One of the important topics discussed at the Forum was the diversification of the country’s economy and the prospects for the development of non-energy sectors.

The Forum was opened on June 27 with welcoming speeches by the Deputy Head of the Presidential Administration Vladimir Shkolnik, the President of the EBRD Jean Lemierre, and the Chairman of British-Kazakh Society Lord Fraser of Carmyllie QC. Jean Lemierre announced EBRD’s $42 million loan facility that it is providing to Karcement JSC in Karaganda. In the plenary session, keynote presentations were delivered by the Minister of Finance Natalya Korzhova and the Minister of Industry & Trade Galym Orazbakov.

The plenary session on the second day featured presentations by the President of KazMunayGas - Uzakbay Karabalin, Deputy Minister of Energy & Mineral Resources Bolat Akchulakov and Deputy Minister of Industry & Trade & Special Representative for Kazakhstan to WTO Accession Zhanar Aitzhanova.

The third day was opened by HE The Ambassador of Kazakhstan in the UK Erlan Idrissov,

who was joined by the Lord Mayor of the City of London Alderman John Stuttard, who referred to his recent visits to Kazakhstan. During the day, participants received a comprehensive overview of the main trends in Kazakhstan’s financial system from the Deputy Chairman of the Financial Supervision Agency of Kazakhstan Gani Uzbekov and Chairman of the Regional Financial Centre of Almaty (RFCA) Arken Arystanov. Insights on IPOs of Kazakh companies were provided by the Director for EMEA at London Stock Exchange Jon Edwards together with many other distinguished speakers.

THE 80-STRONG SPEAKER PANEL ALSO INCLUDED

Kazakh officials and head of major national corporations:

Kairat Kelimbetov, Chairman of the Board of Kazyna Fund; Kairat Bukenov, First Deputy Mayor of Almaty City; Jaksybek Kulekeev, President of «Kazakstan Temir Zholy»; Almaz Jamanbekov, Vice-President of Kazakhtelecom

Major companies in the oil, gas & natural resources field:

WorleyParsons, Shell, BG Group, Lukoil, ENRC, Shalkiya Zinc, BHP Billiton Eurasia

PFC Energy, CGES, Batumi Oil Terminal, CGG Veritas, Tethys Petroleum, Max Petroleum, AES Corporation

Leading real estate developers & architects:

Capital Partners, TS Engineering, Chagala Group, Caspian Engineering Group, Foster + Partners, Aedas Architects, Central Asia Cement

Respected international & Kazakh banks, portfolio investors & private equity investors:

Renaissance Capital, Halyk Bank, ATF Bank, ING Bank, Visor Capital, Compass Asset Management, Raiffeisen Capital Management,Altima Partners LLP, Eagle Venture Partners, East Capital International, Baring Vostok Capital Partners

Participants enjoyed continuous networking during the popular COCKTAIL RECEPTIONS and evening cultural events. The Gala-cocktail at the Institute of Directors was sponsored by WorleyParsons and the concert of Kazakh Music at the Cadogan Hall by Renaissance Capital.

Organisers would like to offer their sincere thanks to Ambassador Erlan Idrissov and his staff at the Embassy of Kazakhstan in London for their staunch support of the Forum.

A final thanks goes to the corporate sponsors, whose generous support made the Kazakhstan Growth Forum possible, in particular our premier sponsor Worley Parsons and our platinum sponsor Renaissance Capital.