Zhaikmunai (Kazakhstan) announces payment on October 2, 2012 of inaugural dividends to holders of common stakes and adoption of dividend policy by Board of Directors of its general partner

11.09.12 17:34
/KASE, September 11, 12/ - LLP "Zhaikmunai" (Uralsk), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), provided today KASE with the following communique quote Zhaikmunai L.P. (LSE: ZKM), the oil and gas exploration and production enterprise with assets in north-western Kazakhstan today announces the payment of its inaugural dividend and the adoption of a dividend policy by the Board of Directors of its general partner. Payment of Inaugural Dividend in October 2012 At its meeting held on 10 September 2012, the Board of Directors of Zhaikmunai Group Limited, the general partner of Zhaikmunai L.P., approved the payment of a first distribution of US$ 0.32 per common unit/GDR to the holders of Zhaikmunai L.P. common units and GDRs, representing a cash distribution of US$ 60.2 million (equal to 20% of retained earnings at 30 June 2012). The distribution will be payable on 2 October 2012 to common unit holders on the register of partners and interests at the close of business on 1 October 2012. unquote the full press-release is available on KASE website, at: - http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_110912.pdf - in Russian; - http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_110912_en.pdf - in English. [2012-09-11]