KazMunaiGas Exploration Production (Kazakhstan) announced results of shareholders annual general meeting held on May 28, 2009

/KASE, May 29, 09/ - KazMunaiGas Exploration Production (Astana), common shares of which are present in Kazakhstan Stock Exchange (KASE) official list, provided to KASE the following press release: quotation start JSC KazMunaiGas EP ("KMG EP" or "The Company") held an annual general meeting of shareholders and a meeting of the Board of Directors. The shareholders approved the Financial Statements and the Annual Report for 2008. They also approved the dividend amount per one share (both ordinary and preferred) to be KZT656 (including amount of withholding tax payable according to the legislation of the Republic of Kazakhstan), in line with the recommendation of the Board. The total 2008 dividends payment will be approximately KZT48bn (USD$321m ). Dividend payments for 2008 will be made to the shareholders as per share register on June 8, 2009 and will commence on July 13, 2009. The Board of Directors has accepted resignation of CEO of KMG EP Mr.Askar Balzhanov. The Board has appointed Mr.Kenzhebek Ibrashev as the new head of the Company effective from June 1, 2009. The Board of Directors has expressed its gratitude to Mr. Askar Balzhanov for his contribution as the CEO to building a strong foundation for the dynamic growth and development of the Company. * Calculated at 150 KZT/1US$ 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 [2009-05-29]