Notice of EGM

INFORMATION NOTICE

KazMunaiGas Exploration Production JSC ("Company") located at: 17, Kabanbay Batyr Ave, Astana, hereby informs its shareholders of extraordinary general meeting to be held on 31 March 2011 at 11.00am at: 17, Kabanbay Batyr Ave, Astana, Kazakhstan (the address of Company's executive body), conference hall 1201, with the following agenda:

1. Early termination of powers of a member of Company's Board of Directors

2. Appointment of a member of Company's Board of Directors

The registration of shareholders starts at 10.00am.

The registration ends at 10.45am.

If there is no quorum another extraordinary general meeting of shareholders shall be held on 1 April 2011 at 11.00 am with the same agenda at the same address:

The record date of shareholders entitled to attend the extraordinary general meeting of shareholders is 28 February 2011.

The shareholders may familiarize themselves with materials on the agenda from 2 March 2011 in the Company's premises at: on working days from 9.00am till 6.30pm, 12th floor, office 1207, 17, Kabanbay Batyr Ave, Astana, Kazakhstan, and on the web site: www.kmgep.kz.