/KASE, Oct 12, 01/ - NOC Kazakhoil CJSC (Astana) provided the KASE with non-consolidated financial statements for the I half of 2001: balance sheet, income and cash flow statements, as well as major indicators for the I half of 2001 of main subsidiaries: Uzenmunaigas OJSC, Kazakhoil-Emba OJSC and Atyrau NPZ OJSC.

Based on presented documents main indicators of NOC Kazakhoil CJSC and its three subsidiary companies were as follows for the I half of 2001 (m KZT, unless otherwise indicated):

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                                      as of July  as of July
Indicator                                 1, 01*       1, 00  Change, %
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NOC Kazakhoil CJSC
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Sales (works done, services)              11,021       3,674     +200.0
Production expenses                        2,987       1,119     +166.9
Net income (loss)                          5,199       2,045     +154.2
Average listed number of workers             286         298       -4.0
Payments made to budgetary and
off-budgetary funds                        7,114       2,518     +182.5
Accounts receivable                        6,825       9,816      -30.5
Accounts payable                           1,289       4,082      -68.4
including budgetary payments                  89       3,577      -97.5
Capital investments                        1,978       1,391      +42.2
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Uzenmunaigas OJSC
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Extraction volume, th. tons                2,012       1,721      +16.9
Average price per ton of oil, KZT         18,340      14,829      +23.7
Extraction cost of 1 ton of oil, KZT       6,575       6,219       +5.7
Sales (works done, services)              36,507      26,778      +36.3
Production expenses                       23,409      17,800      +31.5
Net income (loss)                          9,296       7,456      +24.7
Average listed number of workers           6,849       6,569       +4.3
Payments made to budgetary and
off-budgetary funds                       12,191       5,021     +142.8
Accounts receivable                        2,898       3,075       -5.8
Accounts payable                           3,472       4,350      -20.2
including budgetary payments               1,202       1,806      -33.4
Capital investments                       12,964       8,028      +61.5
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Kazakhoil-Emba OJSC
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Extraction volume, th. tons                1,173       1,121       +4.6
Average price per ton of oil, KZT         17,606      14,413      +22.2
Extraction cost of 1 ton of oil, KZT       6,463       3,968      +62.9
Sales (works done, services)              20,453      20,335       +0.6
Production expenses                       12,950      14,068       -7.9
Net income (loss)                          4,764       4,404       +8.2
Average listed number of workers           6,331       6,222       +1.8
Payments made to budgetary and
off-budgetary funds                        5,749       4,780      +20.3
Accounts receivable                        1,247       1,234       +1.1
Accounts payable                           1,646       1,371      +20.1
including budgetary payments               1,202       1,806      -33.4
Capital investments                        4,607       2,540      +81.4
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Atyrau NPZ OJSC
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Processing volume, th. tons                1,087       1,104       -1.5
Sales (works done, services)               3,300       3,666      -10.0
Production expenses                        2,226       2,246       -0.9
Net income (loss)                            857       1,097      -21.9
Average listed number of workers           1,823       1,688       +8.0
Payments made to budgetary and
off-budgetary funds                        2,484       2,044      +21.5
Accounts receivable                        1,500       1,357      +10.5
Accounts payable                             423         802      -47.3
including budgetary payments                  16         515      -96.9
Capital investments                          325         293      +10.9
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* - initial data.

Coupon bonds of NOC KAZAKHOIL CJSC (KZ72LAG56A20, trade code - KZOLb) were entered into official list of the Exchange under category "A" on May 19, 2000. The issue volume - $25.0 mln, face value of the bond - $100, coupon rate - 9% APR, payment frequency - 2 times a year, circulation term - 2 years.

Uzenmunaigas OJSC (stake of NOC KAZAKHOIL CJSC - 90%) - oil and gas producer, which develops Karamandybas and Uzen, the third largest field in Kazakhstan.

Kazakhoil-Emba OJSC (stake of NOC KAZAKHOIL CJSC - 85%) - oil and gas producer, which was established in June 1999 by merging Embamunaigas JSC and Tengismunaigas JSC. There are six divisions that are engaged in oil and gas extraction: Jaikneft, Dossorneft, Makatneft, Kainarmunaigas, Kulsaryneft, Prorvaneft.

Atyrau NPZ OJSC (stake of NOC KAZAKHOIL CJSC - 86%) - the oldest of all three refineries of Kazakhstan. Production capacity is 5 mln tons a year at 59% processing degree.