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Acquisition Circular

16th Mar 2007 10:00

JSC KazMunaiGas Exploration Prod16 March 2007 PRESS RELEASE Information on the acquisition of a 50% stake in Kazgermunai LLP Approval of the acquisition of a 50% stake in Kazgermunai LLP from JSC NationalCompany KazMunaiGas is part of the agenda of the Extraordinary General Meetingof shareholders of JSC KazMunaiGas Exploration Production ("KMG EP" or the "Company"), which is scheduled for 12 April 2007. The Company announces that the Circular, prepared in accordance with the listingrules of the United Kingdom's Financial Service Authorities and UnderwritingAgreement from 29 September 2006 between the Company and its underwriters, andwhich contains information on the transaction and Kazgermunai LLP forshareholders and GDRs holders, is posted on the website of KMG EP: www.kmgep.kzin section Investor Relations/Shareholder Information. Shareholders may also find the Circular and other information materials for theExtraordinary General Shareholder Meeting in the Company's offices located at:Left Bank, 1-st. str., Building 2, 10-floor, Office 1006, Astana, Kazakhstan, onworking days from 9:00 to 18:30. For additional information please contact: KMG EP, Public Relations (+7 317 297 7908, +7 317 297 7924)Ms. Lyazzat KokkozovaE-mail: [email protected] KMG EP, Investor Relations (+7 317 297 5433)Mr. Alexander GladyshevE-mail: [email protected] WMC Communications Ltd (+44 207 930 9030)Alex Glover: (+44 207 930 9030)E-mail: [email protected] Dobson: (+44 (0)7932524760)E-mail: [email protected] This information is provided by RNS The company news service from the London Stock Exchange

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