KazMunaiGas Exploration Production (Kazakhstan) announces on buy back of shares and GDRs in "close period"

/KASE, April 20, 09/ - KazMunaiGas Exploration Production (Astana), shares of which are listed on Kazakhstan Stock Exchange (KASE), provided KASE with a press release: Quotation beginning JSC KazMunaiGas Exploration Production ("the Company" or "KMG EP") announces the share and global depositary receipt buy back procedure during the close period which precedes the Company's 1st quarter 2009 financial results announcement expected on May 22, 2009*. The close period is expected to begin on April 20, 2009 and end on May 22, 2009. During the close period the Buy Back Programme (as announced on 20th of November, 2008) will be managed by the two independent brokers appointed to execute the Buy Back Programme within pre-set parameters which will be established by the Company prior to the start of the close period. The brokers will make trading decisions independently of, and uninfluenced by, the Company but otherwise in accordance with the Buy Back Programme approved by the Board of Directors on the 8th of October, 2008. The Company hereby confirms that it is not aware of any unpublished price sensitive information relevant to the Company at the time of making of this announcement. * The close period is a time interval preceding the disclosure of important information (such as financial annual reports) during which the Company and its management are not allowed to deal in the securities. Contact information: KNG EP, Public Relations (+7 7172 97 7600) Michael Dorofeyev e-mail: pr@kmgep.kz KMG EP, Investor Relations (+7 7172 97 5433) Asel Kaliyeva e-mail: ir@kmgep.kz Pelham PR (+44 203 178 44 18) Elena Dobson e-mail: Elena.dobson@pelhampr.com Quotation end [2009-04-20]