0001038838-11-000172 Sample Contracts

AMENDMENT to the CONSULTING AGREEMENT AND WAIVER AGREEMENT
Consulting Agreement • June 29th, 2011 • BMB Munai Inc • Crude petroleum & natural gas

This Amendment and Agreement dated February 14, 2011 (the “Amendment”) amends that certain Consulting Agreement dated December 31, 2009 (the “Original Agreement”) between BMB Munai, Inc., a Nevada corporation (the “Company”) and Boris Cherdabayev (the “Advisor”). The Amendment and the Original Agreement are together referred to as the “Agreement.” The Company and the Advisor are sometimes jointly referred to as the Parties.

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