December 1, 2008 KMG EP (Kazakhstan) buys back 60,000 global depository receipts on LSE

/KASE, December 2, 08/ - KazMunaiGas Exploration Production (Astana), shares of which are traded in the official list of Kazakhstan Stock Exchange (KASE) of the first category spread an information message. Quotation beginning JSC KazMunaiGas Exploration Production ("the Company" or "KMG EP") announces that pursuant to the Share Buy Back Programme commenced on 24 November, 2008, on 01 December 2008 the Company acquired 60 000 of its global depositary receipts ("GDRs") (LSE:KMG) on the London Stock Exchange at an average price of $12.7193 per GDR. Since the start of the Share Buy Back Programme, the Company has purchased in aggregate 60 000 GDRs and 3 637 ordinary shares. Contact information: KMG EP, Public Relations (+7 7172 97 7600) Michael Dorofeyev E-mail: pr@kmgep.kz KMG EP, Investor Relations (+7 7172 97 7971) Asel Kaliyeva E-mail: ir@kmgep.kz Pelham PR (+44 203 178 44 18) Elena Dobson E-mail: Elena.dobson@pelhampr.com Quotation end [2008-12-02]