KMG EP Complete $263m Share Buy Back Programme

JSC KazMunaiGas Exploration Production announces that on the 31 December 2012 the share buy back programme is completed. As announced earlier, the Board of Directors had approved the buyback programme of its common shares and global depositary receipts (GDRs) up to an aggregate value of US$300 million.

During the whole period of the buy back programme commenced on the 11th of October in 2011, the Company has repurchased 19,461 ordinary shares and 14,386,605 GDRs for an aggregate amount of about US$263 million.