Dear Shareholder!

Please, be notified that on June 13th, 2011 at 15:00 PM there will be an Extraordinary Shareholders’ General Meeting of “SAT & Company” JSC (hereinafter - the Company) held at the following address: City of Almaty, Mukanov Street, 241.

The Company’s Board of Directors is the initiator in calling for an Extraordinary Shareholders’ General Meeting of “SAT & Company” JSC.

In case if there is no quorum at the meeting, then, a repeated general meeting will be held on June 14th, 2011 at 15:00 PM at the following address: City of Almaty, Mukanov Street, 241.

Registration of the Company’s Shareholders will take place from 14:00 PM to 15:00 PM at the above mentioned address.

The list of shareholders having the right to participate at the Company’s Extraordinary Shareholders General Meeting and to vote at it is drafted based on the Company’s shareholders register system data, and is being carried-out by the Company’s independent registrar called “Registration system of the securities” JSC, as of June 10th, 2011.

Agenda of the meeting:
1)The pre-schedule termination of powers of the Board of Directors’ member;
2) Election of a new member of the Board of Directors, defining the term of his/her duties, as well as specifying the amount and conditions of the payment due to him/her.

The Company’s Shareholders may familiarize themselves with the materials of the Extraordinary Shareholders General Meeting ten days prior to the meeting to be held.

Respectfully,

Mr. Tokhtarov O.T.

CEO