About structure and volume of global offering of shares and GDR of Exploration Production KazMunayGas JSC according to data of the issuer and KASE

/KASE, October 9, 06/ - Exploration Production KazMunayGas JSC (Astana, the Company), whose common shares are traded in Kazakhstan stock exchange's (KASE) official "A" listing category under RDGZ number, provided KASE with the additional information on the structure of offering of its KZ1C51460018 issue common shares in the context of IPO, conducted at the end of September. According to presented information and data available for KASE, as a result of global offering of shares and GDR the Company borrowed "more than USD2.03 bn.". At that (citations are given in quotes): - 17,898,878 shares were offered on Kazakhstan market of securities, including: - "about 9.2 m. shares" were offered among investors, who earlier owned debt obligations of the special daughter enterprise of the Company - Munaishy Finance B.V. (Netherlands); payment for these shares was made by obligations of Munaishy Finance B.V., which ,according to the decision of the extraordinary general meeting of Company's shareholders dated May 10, 2006, were issued for a total of USD800.0 m. in the frameworks of private offering.; - 15 bids of Kazakhstan accumulative pension funds and organizations, which execute the management of pension assets were satisfied at full volume, "in the amount of about 7.4 m. shares"; payments on these deals were made by money until 13:50 p.m. of Almaty time on October 4, 2006 through KASE; - "rest number of shares - about 1.3 m. was offered proportionally among other investors, who participated in the offering on KASE"; payments on these deals were made by money until 13:50 p.m. of Almaty time on October 4, 2006 through KASE; Total volume of deals, payments on which in the context of IPO were made through KASE, totaled KZT96,573,766,343.51; - "on London stock exchange about 51.9 m. GDR were offered, corresponding to about 8.7 m. common shares of the Company, including about 3.5 m. shares, belonging to NC KazMunayGas JSC (NC KMG) and offered by underwriters (banks ABN AMRO Rothschild and Credit Suisse) with the purpose of market stabilization. Six GDR correspond to one common share of the Company. According to the suggested scheme of redistribution, NC KMG rendered underwriters the option, on which they will be able to sell shares, acquired on the market as a result of stabilizing activity, back to NC KMG". The Company notes that its general director, Askar Balzhanov, was satisfied by current structure of offering: "Our company is content with present structure of offering on KASE and London stock exchange and with the interest, which was shown by investors towards shares of our company. Particularly, we want to emphasize that on the domestic market we completely satisfied bids of all pension funds of Kazakhstan and companies on management of pension assets". [2006-10-09]