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JOINT STOCKJOINT STOCKNATIONAL ATOMIC COMPANY KAZATOMPROMNATIONAL ATOMIC COMPANY KAZATOMPROM

Nuclear Industry Development Prospective Nuclear Industry Development Prospective in Kazakhstanin Kazakhstan

KAZAKHSTAN-US INVESTMENT FORUM – 2011KAZAKHSTAN-US INVESTMENT FORUM – 2011New YorkNew York, , December December 77thth,, 2011 2011

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World Electricity Production ForecastWorld Electricity Production Forecast

trillion kWhtrillion kWh

SourceSource: : EIA DOE, International Energy Outlook 2011EIA DOE, International Energy Outlook 2011, , September September 1919,, 2011 2011

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World Nuclear DevelopmentWorld Nuclear Development

• 443 (443 (432432) ) reactorsreactors operable operable - 378 (377) - 378 (377) GWGW

• 62 (62 (6363) ) under constructionunder construction - 64 (64) - 64 (64) GWGW

• 158 (158 (152152) ) reactors plannedreactors planned - 177 (174) - 177 (174) GWGW

• 324 (324 (350350) ) reactors proposedreactors proposed - 368 (388) - 368 (388) GWGW

• aboutabout 100 100 prospective projectsprospective projects - 110 - 110 GWGW

Forecast:Forecast:More than 550 new reactors are to be built by More than 550 new reactors are to be built by 2030 2030 in the Worldin the WorldThe only uncertainty after FukushimaThe only uncertainty after Fukushima – – new reactors timeline prolongationnew reactors timeline prolongation

as ofas of March March 1111 ((and December 5) and December 5) 20112011, , WNAWNA::

1 097 (1 113) 1 097 (1 113) GWGW

709

627

200

300

400

500

600

700

800

2009 2010 2015 2020 2025 2030

March 11October 5

Source: consensus base forecasts of UxC, WNA, TradeTech, DOE EIA

New reactors construction New reactors construction forecast, unitsforecast, units

In In 2011 2011 KZ Government approved Nuclear Industry KZ Government approved Nuclear Industry Development Program, creating background for its Development Program, creating background for its

evolvementevolvement

KZ Nuclear Industry Development BackgroundKZ Nuclear Industry Development Background

KZ electricity generation in 2010 by energy KZ electricity generation in 2010 by energy sources typessources types

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Fukushima: World Uranium Market ReactionFukushima: World Uranium Market Reaction

Australia23%

Canada8%

South Africa8%

Other45%

Kazakhstan 16%

World Uranium Reserves World Uranium Reserves ((<$<$130/130/kgkg))

Source: IAEA Red Book

• Kazakhstan has World’s 2nd largest uranium reserves Kazakhstan has World’s 2nd largest uranium reserves

• In In 202010 Kazakhstan share in the World U production was 10 Kazakhstan share in the World U production was 3333%%

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e

Uranium Mining in KazakhstanUranium Mining in Kazakhstan, , tUtU

795 1 073 1 367 1 752 2 0222 710 3 119

3 719

5 281

6 633

8512

14 020

18 004

4 346

0

2 000

4 000

6 000

8 000

10 000

12 000

14 000

16 000

18 000

20 000

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

тU е17 803

I

II

III

VIIV

V

СеверныйКазахстан

16.5%

Или6%

Балхаш0.4%Чу-Сарысу

60.5%

Каспий1.8%

Сырдарья12.4%

During 1997-2010 there was 73 350 tU mined or 4.2% of overall KZ Uranium resources

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Business diversificationBusiness diversification

• Conversion servicesConversion services (UF6) market entering in cooperation with world leaders;

• Guaranteed access gaining to uranium enrichment servicesenrichment services through operating Russian facility participation;

• Asian markets reactors supplying with KZ Uranium in Fuel Fuel AssembliesAssemblies form / JV with AREVA

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• photovoltaicphotovoltaic solar solar module moduless on JV AsSolar facilities (Astana, Ust-Kamenogorsk) on KZ silicium base / KazPV

• heat pumping installationsheat pumping installations: Legmash / Mashzavod Ltd

• Bolotov wind rotor turbinesBolotov wind rotor turbines: EcoEnergoMash Ltd

New High-Tech Innovative Facilities New High-Tech Innovative Facilities EstablishmentEstablishment

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Thank youThank you!!