KazMunaiGas Exploration Production (Kazakhstan) announced operating results for the first nine months of 2008

/KASE, October 23, 08/ - KazMunaiGas Exploration Production (Astana), shares of which are traded in Kazakhstan Stock Exchange (KASE) official list of the first category, disseminated the press release of October 23, 2008 on the following. Quotation start KazMunaiGas Exploration Production (KMG EP or the Company), announced today that the consolidated volume of production for the first nine months of 2008 amounted to 8,908 thousand tonnes of crude oil (238.7 kbopd). This is 680 thousand tonnes (8%) more than in the first nine months of 2007. The increase is primarily due to the acquisition of 50% stakes in both JV Kazgermunai LLP (Kazgermunai) and CCEL (Karazhanbasmunai) in April and December 2007 respectively. According to preliminary data, during the first nine months of 2008 the Company supplied 8,638 thousand tonnes of crude oil to customers (231.4 kbopd), including the share in supply from Kazgermunai and Karazhanbasmunai. Out of this amount, 6,698 thousand tonnes (179.4 kbopd) were exported. This is 610 thousand tonnes (9%) more than for the same period last year. Contact informstion: KMG EP, Public Relations (+7 7172 97 7600) Michael Dorofeyev E-mail: pr@kmgep.kz KMG EP, Investor Relations (+7 7172 97 7971) Asel Kalieva E-mail: ir@kmgep.kz Pelham PR (+44 203 178 44 18) Elena Dobson E-mail: Elena.dobson@pelhampr.com Quotation end [2008-10-23]