KazMunaiGas Exploration Production (Kazakhstan) buys back on January 21, 2009, 50,000 GDR on London Stock Exchange and 700 ordinary shares on KASE

/KASE, January 22, 09/ - KazMunaiGas Exploration Production (Astana), shares of which are traded in Kazakhstan Stock Exchange (KASE) first category official list, disseminated today the press release on the following. Quotation start JSC KazMunaiGas Exploration Production ("the Company" or "KMG EP") announces that pursuant to the Share Buy Back Programme commenced on 24 November, 2008, on 21 January 2009 the Company acquired 50,000 of its global depositary receipts ("GDRs") (LSE:KMG) on the London Stock Exchange at an average price of $13.5285 per GDR and 700 of its ordinary shares (KASE:RDGZ) on the Kazakhstan Stock Exchange at an average price of KZT 9,642.86 each. Since the start of the Share Buy Back Programme, the Company has purchased in aggregate 798,573 GDRs and 32,663 ordinary shares. Contact information: KMG EP, Public Relations (+7 7172 97 7600) Michael Dorofeyev e-mail: pr@kmgep.kz KMG EP, Investors 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 [2009-01-22]