KazMunaiGas Exploration Production (Kazakhstan) buys back 34,203 GDR on London Stock Exchange and 144 common shares KZ1C51460018 (KZ000A0KEZQ2, RDGZ) on KASE on December 15, 2011

/KASE, December 20, 11/ - KazMunaiGas Exploration Production (Astana), shares of which are officially listed on Kazakhstan Stock Exchange (KASE), provided to KASE the following press release of December 20, 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 15 December 2011 the Company acquired 34,203 of its global depositary receipts ("GDRs") (LSE:KMG) on the London Stock Exchange at an average price of US$15,26 per GDR and 144 of its ordinary shares (KASE:RDGZ) on the Kazakhstan Stock Exchange at an average price of KZT13,867.36 each. Since the start of the Share Buy Back Programme, the Company has purchased in aggregate 1,154,449 GDRs and 3,495 ordinary shares. Contacts: KMG EP, Public relation +7 7172 97 7600 Daulet Zhumadil e-mail: pr@kmgep.kz KMG EP Investor Relations +7 7172 97 5433 Assel Kalieva e-mail: ir@kmgep.kz Pelham Bell Pottinger +44 207 861 3147 Elena Dobson e-mail: edobson@pelhambellpottinger.co.uk unquote [2011-12-20]