KMG EP Completes Share Buyback Program

January 4, 2013

JSC KazMunaiGas Exploration Production announced that on the 31 December 2012 its share buy back program was completed. As announced earlier, the Board of Directors had approved the buyback program 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.