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PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of October 6, 2014 No. 466

About financing and construction of facilities of engineering infrastructure to metallurgical productions

(as amended on 16-01-2018)

For the purpose of timely providing with objects of engineering infrastructure of the productions created by open joint stock company "The Belarusian steel works - managing company of Belarusian Metallurgical Company holding, I decide:

1. Perform construction and commissioning:

1.1. in 2014 object "Production organization of high-quality rolled metal with construction of melkosortno-wire camp (3rd queue of construction). External electric utility service. VL-110 of kV "Zhlobin - Western - High-quality" with reconstruction of PS-330 of kV "Zhlobin - Western";

1.2. in 2015-2019 object "Production organization of high-quality rolled metal with construction of melkosortno-wire camp in JSC BMZ — Managing Company of Holding BMK. External electric utility service. PS-330 of kV, 110 kV".

2. Determine:

2.1. the Gomel republican unitary enterprise of power industry Gomelyenergo (further - RUP "Gomelyenergo") the customer on:

to equipment procurement and asset construction, Item 1 of this Decree provided in subitem 1.1;

to designing and asset construction, Item 1 of this Decree provided in subitem 1.2;

2.2. the research and design and survey republican unitary enterprise "Belenergosetproyekt" the general project organization for accomplishment of cameral tracing and designing of the object provided in subitem 1.2 of Item 1 of this Decree.

3. Determine that:

3.1. financing of the asset construction provided in subitem 1.1 of Item 1 of this Decree and also accomplishment of design and exploration work on the object provided in subitem 1.2 of Item 1 of this Decree in 2014 is performed at the expense of own means of RUP "Gomelyenergo";

3.2. financing of the designing and asset construction provided in subitem 1.2 of Item 1 of this Decree in 2015-2019 is performed at the expense of the attracted RUP "Gomelyenergo" of credits to the amount to 30 million US dollars in equivalent with the term of their repayment up to seven years.

The interest rate for the attracted loans shall not exceed:

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