Kazakhstan’s KMG EP approves dividend for 2013

On May 13, KazMunaiGas Exploration Production ("KMG EP" or the "Company") held its Annual General Meeting of shareholders, KMG’s press office said on May 14.

The shareholders approved the Financial Statements and the Annual Report for 2013. The shareholders also approved the dividend for 2013 of 1,976 Tenge (including taxes to be withheld in accordance with the legislation of Kazakhstan) per one ordinary and one preferred share of KMG EP. The total dividend for 2013 is anticipated to be in the region of 135 billion Tenge (approximately US$730 million).

Source: KazMunaiGas Press Office, 2014