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09.09.2013 15:32 #Corporate events

Zhaikmunai (Kazakhstan) announces appointment of Heinz Wendel as General Director

/KASE, September 9, 13/ – Zhaikmunai (Oral), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), today provided KASE with following information statement:

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ZHAIKMUNAI LLP APPOINTS NEW GENERAL DIRECTOR

Amsterdam, 6 September 2013 – Zhaikmunai L.P. (LSE: ZKM) ("Zhaikmunai"), the oil and gas exploration and production enterprise with assets in north-western Kazakhstan, is pleased to announce the appointment of Mr. Heinz Wendel as General Director of its principal operating subsidiary in Kazakhstan, Zhaikmunai LLP.

Appointment of a New General Director of Zhaikmunai LLP

Mr. Heinz Wendel has succeeded Mr. Vyacheslav Druzhinin as General Director of Zhaikmunai LLP with effect from 13 August 2013.

Mr. Wendel is an experienced oil and gas professional with extensive management and technical experience who joined Zhaikmunai as Chief Operating Officer (COO) in early 2012 with a proven track record of over 30 years. Mr. Wendel is assuming his new role following a planned handover from former General Director Vyacheslav Druzhinin, who held such position since March 1997. Mr. Druzhinin has since been appointed as Director of Governmental Affairs for Zhaikmunai LLP.

Prior to joining Zhaikmunai, Mr. Wendel completed his studies in Azerbaijan (Oil & Gas Institute, Baku) and served in various managerial and technical capacities in Germany, Poland, Russia and Kazakhstan. Mr. Wendel is fluent in German, Russian and English.

Further information For further information please visit www.zhaikmunai.com

Further enquiries

Zhaikmunai LP – Investor Relations Bruno G. Meere Kirsty Hamilton-Smith investor_relations@zhaikmunai.com + 31 20 737 2288

Deutsche Bank +44 (0) 207 545 8000 Ben Lawrence JM Hafner Rob Abbott

VTB Capital plc +44 (0) 203 334 8000

Alexander Metherell Marcus Brown Giles Coffey

College Hill + 44 (0) 207 457 2020 David Simonson Tony Freind Catherine Wickman Anca Spiridon

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[2013-09-09]