REITs by Provident Fiduciary Ltd.

Real Estate Investment Trusts

– a family of private investment companies registered with the Astana International Financial Center (AIFC) in form of an Open-Ended Investment Company (OEIC Ltd.) Real Estate Investment Trusts invest in various types of income-generating Real Property.

All information on this page is provided for illustrative purposes only and should in no way be construed as an offer or investment advice.

List of REITs:

#	Name	Property type Geography	Current NAV KZT	REIT's site
1	REIT ONE	Office buildings Almaty	3,098.03195	GO
2	REIT SEVEN	Office buildings Astana	160.17783	-
3	REIT TSPG	Shopping Malls Major cities KZ	10,162.58000	GO

Our REITs are Exempt Funds as per Rule 2.2.(a) of the AIFC Collective Investment Schemes Rules (CIS) – the shares are offered in the AIFC only by way of a private placement:
(i) to Persons who are Professional Clients; and
(ii) in minimum subscription amounts of US$ 50,000.

We invest primarily into operating office properties and other rent income generating real estate assets, including shopping malls, retail spaces and amenities, hospitality and healthcare facilities, education and community development infrastructure, warehouses and distribution properties, data storage, telecom and other infrastructure.

OPEN INTEREST

REIT ONE ASK

Lot #	Price KZT/share	# of shares	Lot Value KZT
1.	8,640.00	1,000,000	8,640,000,000.00
-	-	-	-

REIT ONE BID

Lot #	Price KZT/share	# of shares	Lot Value KZT
-	-	-	-

^*) Rules for placement of ASK and BID orders.

You can place ASK order only against the shares you own. Until your order is matched and settled or canceled we will keep the number of shares specified in the order blocked from any transactions thant might triggger transfer of title for the shares. When we receive a matching BID against your ASK order we eill process the settlement automatically - sahres will be transferred to a buyer, the transaction price will be wired to your bank account.

You can place BID ourder only with the funds deposited with us as we will process any matching BID - ASK orders automatically. In order to deposit funds with us for a potential BID order you must become our client by completing Client Classification, KYC and onboarding procedures.

Key risks:

Section	Detail
Liquidity	real property, representing core assets of REITs, is relatively illiquid – it might be hard to sell a property within a short period of time without a substantial discount to its estimated value shares of REITs are illiquid as there is no secondary public market. Redemptions become available after a 3-year lock-up period starting from completion of a one-year first closing. The Fund Manager accepts redemption requests once a month, while settlements may take up to 6 months due to illiquidity of REITs' assets

Section

Detail

Liquidity

real property, representing core assets of REITs, is relatively illiquid – it might be hard to sell a property within a short period of time without a substantial discount to its estimated value

shares of REITs are illiquid as there is no secondary public market. Redemptions become available after a 3-year lock-up period starting from completion of a one-year first closing. The Fund Manager accepts redemption requests once a month, while settlements may take up to 6 months due to illiquidity of REITs' assets

Considering the illiquid nature of our REITs' shares and REITs' assets, investors should purchase shares of REITs only as a long-term investment and be prepared to hold them for an indefinite period of time.

Shares of our REITs are not freely marketable (there will be no public offering, no trading market, and substantial restrictions on transfer apply) and are suitable only for sophisticated investors for whom an investment in REITs does not constitute a complete investment program and who fully understand and are willing to assume the risks involved in our REITs' investment strategy.

There can be no assurance that REITs will achieve theirs Investment Objectives or be able to meet redemption requests.

Please refer to each or our REITs' Constitution and Offering Materials for more comprehensive discussion of the risks associated with investing in shares of REITs.

Product access procedure:

A potential client contacts us to arrange an introductory meeting.
We perform Client Classification, KYC and onboarding procedure.
We issues a Client Classification report along with the Fund's documentation package.

For further inquiries, please contact:

55/20 Mangilik El, AIFC Participants Block C-4.1, Office 325, Astana city, Kazakhstan 010000