Unconditional trades in GDR of Exploration Production KazMunayGas JSC on LSE opened at 14.52 - 14.54 USD per receipt

05.10.06 16:55
/IRBIS, Andrey Tsalyuk, October 5, 06/ - As it goes from information published on official web-site of London stock exchange (LSE) the unconditional trades in GDR, issued on common shares of Exploration Production KazMunayGas JSC (Astana), opened today by deals on the price 14.52 - 14.54 US dollar per receipt. By the current exchange rate in Kazakhstan it corresponds KZT11,102.57 - 11.117.87 per one share. By this time on Kazakhstan stock exchange (KASE) on the open market was made 18 deals on common shares of Exploration Production KazMunayGas JSC (KZ1C51460018, KASE's category "A" official listing, trade code - RDGZ) at KZT12,550.00 - 12,800.00 ($98.48 - $100.44) per share. The last deal was made at the maximum price. Global depositary receipts of exploration Production KazMunayGas JSC (Reg S - US48666V2043, 144A - US48666V1052) were included into Main list of United Kingdom Listing Administration (UKLA) and are traded on LME under KMG symbol. On each common share there are issued six depositary receipts. In the end of September Exploration Production KazMunayGas JSC made IPO on offering on LSE and internal market of Kazakhstan 23,086,791 common shares, along with 3,463,019 existing common shares which are offering by underwriters from the name of NC KazMunayGas JSC with objectives of stabilization of market after offering. Price of offering of global depositary receipt totaled $14.64, common share - KZT11,163.39. All deals of the given offering have to be closed till October 4 2006. [2006-10-05]