Press releases – 2011

Results of Annual General Meeting

21 Jul 2011

Chagala Group Limited (the "Company"), the specialist services and facilities provider to the oil and gas industries in Kazakhstan, announces that at the Company's AGM all resolutions proposed were duly passed, namely:

1. the adoption of the remuneration report;
2. the adoption of the accounts for 2010, the directors report and the auditors report thereon;
3. the re-appointment of Javier del Ser as a director;
4. the re-appointment of Edmund Limerick as a director;
5. the re-appointment of Tim Abson as a director;
6. the re-appointment of Mark Lockwood as a director;
7. the re-appointment of Baltabek Kuandykov as a director;
8. certain amendments to the Company's share option scheme as set out in the Notice of the Meeting;
9. the payment of dividend of 3.5 cents per share;
10. certain amendments to Articles 7 and 8 of the Articles of Association as set out in the Notice of the Meeting.

-Ends-