Results of activity of Exploration Extraction KazMunayGas JSC (Kazakhstan) in the I quarter of 2005

/IRBIS, Galina Tsalyuk, August 9, 05/ - Exploration Extraction KazMunayGas JSC (Astana, the company), whose common shares are circulating in Kazakhstan stock exchange's (KASE) official "A" listing category, provided KASE with consolidated financial statement for the I quarter of 2005. Following indicators are result of the issuer's financial and economic activity in the I quarter of 2005, based upon the issuer's data (th. KZT, unless otherwise specified): ------------------------------------------------------ As of As of Indicator Jan 1, 05 Apr 1, 05 ---------------------------- ----------- ----------- Authorized capital (paid) 11,765,732 11,796,810 Shareholders' equity 261,291,346 281,961,995 Total assets 387,048,893 412,309,705 Net working capital 57,430,524 78,931,863 Accounts receivable 51,002,762 64,244,678 Liabilities, total 124,532,333 129,145,054 Borrowed loans 28,846,661 26,089,958 Accounts payable 81,964,091 89,217,171 Stake of minority 1,225,214 1,202,657 Sales volume 243,590,677 76,786,003 Cost of goods sold 83,761,779 25,273,484 Net income of the period 32,985,118 20,128,677 Book value of one share, KZT 5,551.96 5,975.39 ------------------------------------------------------ Comparative analysis of the company's results of activity for the first quarters of years 2004 and 2005 is not given because the exchange does not have the company's financial statement for corresponding period of year 2004. Company's primary activities - exploration and survey works, development of oil, gas and gas-condensate fields; production and transportation of oil and gas; initial oil preparation and gas refining, sale of hydrocarbon raw stuff and products of its refining. [2005-08-09]