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FOR THE ATTENTION OF SHAREHOLDERS OF JS IC «ALSKOM»

27 October 2017

The Supervisory Board of IC “ALSKOM” JSC (hereinafter referred to as the “Company”) notifies you that on October 25, 2017 the Center for Coordination and Development of the Securities Market under the State Committee on Competition of the Republic of Uzbekistan registered the Decision on an additional issue of shares of IC “ALSKOM” No. P0170-13 on the issue of additional ordinary registered uncertified shares in the amount of 2,000,000 units with a nominal value of 1,380 soums each.

In accordance with the Charter and the Decision on the issue, shareholders of the Company owners of ordinary (voting) shares have the preemptive right to acquire ordinary (voting) shares from this issue in proportion to the number of ordinary shares they own. The preemptive right to purchase shares of an additional issue are shareholders who own ordinary (voting) shares of the Company, recorded in the share register, which was established as of September 8, 2017.

The term of the preemptive right is 20 days from the date of publication of this notice.

In accordance with the decision of the Supervisory Board of the Company dated October 27, 2017, the price of placing shares was set at 1,700 soums per share.

A shareholder who has a preemptive right has the right to fully or partially exercise his preemptive right by sending to the Company a written application on the acquisition of shares containing the name (title) and place of residence (location) of the shareholder, the number of shares it purchases, and a payment document. Such an application must be filed with the Company during the term of the preemptive right.

The cession of the preemptive right is not allowed.

After the expiration of the term of the preemptive right, the shares are placed by public subscription among an unlimited number of investors with an advertising campaign.

With the text of the Decision on the additional issue of shares, registered by the Center for the Coordination and Development of the Securities Market of the State Committee on Competition of the Republic of Uzbekistan on October 25, 2017. No. P0170-13 and the Prospectus of the Company's share issue can be found on the Company's corporate website (www.alskom.uz) or on the website of the Republican Stock Exchange “Toshkent” (www.uzse.uz).

If you have any questions you may be interested in, please contact the Company's head office at the address: Uzbekistan, 100202, Tashkent, Amir Temur Avenue, 109, info@alskom.uz. Contact phone: (371) 147-11-00.

                                      

                                                          Supervisory Board of JSC SK ALSKOM


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