On December 25, 2008, KazMunaiGas Exploration Production (Kazakhstan) bought back 555 common shares on KASE

/KASE, December 26, 08/ - KazMunaiGas Exploration Production (Astana), share of which are traded in the official list of Kazakhstan Stock Exchange (KASE) of the first category, disseminated the following information message. Quotation start KazMunaiGas Exploration Production ("the Company" or "KMG EP") announces that pursuant to the Share Buy Back Programme commenced on 24 November, 2008, on 25 December 2008 the Company acquired 555 of its ordinary shares (KASE:RDGZ) on the Kazakhstan Stock Exchange at an average price of KZT 9,430 each. Since the start of the Share Buy Back Programme, the Company has purchased in aggregate 236,156 GDRs and 12,501 ordinary shares. Contact information: EP KMG, Public Relations (+7 7172 97 7600) Mikhail Dorofeyev E-mail: pr@kmgep.kz EP KMG, Institutional 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 [2008-12-26]