Results of activity of CNPC-Aktobemunaigas OJSC (Kazakhstan) for 9 months of 2003

/IRBIS, November 19, 03/ - CNPC-Aktobemunaigas OJSC (Aktobe), whose common shares are circulating in Kazakhstan stock exchange's (KASE) official "A" listing category, provided KASE with the consolidated financial statement for 9 months of 2003. The following indicators are consolidated result of the issuer's financial and economic activity for 9 months of 2003, based upon the issuer's information (in th. KZT, unless other wise specified): ------------------------------------------------------ As of As of Indicator Jan 1, 03 Oct 1, 03 ---------------------------- ----------- ----------- Authorized capital (paid) 14,835,638 14,835,638 Shareholders' equity 63,432,630 87,632,528 Total assets 137,509,599 181,227,300 Net working capital -16,203,890 19,946,083 Accounts receivable 12,198,686 16,384,914 Liabilities, total 74,076,168 93,593,971 Attracted credits 26,352,666 28,531,095 Accounts payable 24,711,960 34,841,340 Sales volume 97,220,038 70,350,157 Cost of goods sold 28,791,608 20,801,523 Net income for the period 26,262,412 26,954,442 Book value of one share, KZT 6,413.54 8,860.34 ------------------------------------------------------ Comparative analysis of results of activity of CNPC-Aktobemunaigas OJSC for 9 months of 2002 and 2003 is not given because the stock exchange has not the company's consolidated financial statement for corresponding period of 2002. Company's primary activities: mine workings and extraction of hydrocarbon raw stuff; drilling of exploration, structure and operational wells; exploration, survey and exploitation of oil and gas deposits; refining of oil and gas, transportation and sale of oil, gas and products of their refining; receiving and sale of electrical and heat energy; building of pipelines and pipeline transportation; Mine workings and extraction of drilled mineral resource and mineral resource of joint origin, their selling and other activities in compliance with the Company's charter and licenses, which the company possesses. [2003-11-19]