KazMunaiGas Exploration Production Close period share and GDR buy back procedure announcement
KazMunaiGas Exploration Production (“the Company” or “KMG EP”) announces the share and global depositary receipt buy back procedure during the close period which precedes the Company’s 2012 2st quarter financial results announcement*. The close period is started on July 16, 2012 and end on August 14, 2012.
During the close period the Buy Back will be managed by the two independent brokers appointed to execute the Buy Back Programme within pre-set parameters which will be established by the Company prior to the start of the close period. The brokers will make trading decisions independently of, and uninfluenced by, the Company but otherwise in accordance with the Buy Back Programme approved by the Board of Directors on the 15th of September, 2011.
The Company hereby confirms that it is not aware of any unpublished price sensitive information relevant to the Company at the time of making of this announcement.
