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Publication of the Base Offering Circular

The Republic of Uzbekistan
represented by the Ministry of Economy and Finance of the Republic of Uzbekistan

The following Base Offering Circular is available for viewing:

Base Offering Circular dated 18 February 2025 (the "Base Offering Circular") relating to the Global Medium Term Note Programme of the Republic of Uzbekistan (the "Issuer"). To view the full document, please paste the following URL into the address bar of your browser.

http://www.rns-pdf.londonstockexchange.com/rns/5532X_1-2025-2-18.pdf

For further information, please contact:

bexruz.karimov@imv.uz / umidjon.muydinov@imv.uz
The Republic of Uzbekistan (represented by the Ministry of Economy and Finance of the Republic of Uzbekistan)
29, Istiklol str.

Tashkent, 100017
Republic of Uzbekistan

Disclaimer - Intended Addressees

Please note that the information contained in this announcement, the Base Offering Circular may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Base Offering Circular) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Base Offering Circular is not addressed. Prior to relying on the information contained in this announcement and/or the Base Offering Circular you must ascertain from the Base Offering Circular whether or not you are part of the intended addressees of the information contained therein.

In particular, this announcement and the Base Offering Circular do not constitute an offer to sell or the solicitation of an offer to buy securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities law of any such jurisdiction. The securities referred to in this announcement have not been and will not be registered under the United States Securities Act of 1933 (the "Securities Act") and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act, and the rules and regulations thereunder. The Issuer does not intend to register any of the securities referred to in this announcement in the United States or to conduct a public offering of the securities referred to in this announcement in the United States or elsewhere.

Your right to access this service is conditional upon complying with the above requirement.