KazMunaiGas Exploration Production (Kazakhstan) announces buyback on November 18, 2011 of 23,837 GDR at LSE and 490 common shares KZ1C51460018 (KZ000A0KEZQ2, RDGZ) at KASE

/KASE, November 21, 11/ - KazMunaiGas Exploration Production (Astana), whose shares are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of November 21, 2011: quote JSC KazMunaiGas Exploration Production ("the Company" or "KMG EP") announces that pursuant to the Share Buy Back Programme commenced on 11 October, 2011, on 18 November 2011 the Company acquired 23,837 of its global depositary receipts ("GDRs") (LSE:KMG) on the London Stock Exchange at an average price of US$16.36 per GDR and 490 of its ordinary shares (KASE:RDGZ) on the Kazakhstan Stock Exchange at an average price of KZT14,960.61 each. Since the start of the Share Buy Back Programme, the Company has purchased in aggregate 433,555 GDRs and 1,777 ordinary shares. For further details please contact us at: JSC "KMG EP", Public Relations +7 7172 97 7600 Daulet Zhumadil e-mail: pr@kmgep.kz JSC "KMG EP", Investor Relations +7 7172 97 5433 Asel Kalieva e-mail: ir@kmgep.kz Pelham Bell Pottinger +44 207 861 3147 Elena Dobson E-mail: edobson@pelhambellpottinger.co.uk unquote [2011-11-21]