OREANDA-NEWS. February 11, 2011. Kazakhstan Kagazy plc (the "Company"/the "Group") is delighted to announce that Astana Contract's subsidiary Paragon Developments Limited ("Paragon") has entered into a five year contract with Avon Cosmetic (Kazakhstan) Limited LLP to occupy over 5,000 m2 of space at Paragon, the Group's A class warehouse facility located in Almaty, reported the press-centre of KASE.

The space taken by Avon represents around 10% of the total space available at Paragon. Following the agreement with Avon, Paragon will be 61% occupied, compared with 23% at the beginning of 2010.

Other major new customers in 2010 include "Rykom - Kaz" LLP (the sole authorized distributor of Mitsubishi Motors vehicles in Kazakhstan) and Wrigley Kazakhstan  both of which use a wide range of our outsourcing services.