Notice of EGM

Information Report

KazMunaiGas Exploration Production JSC ("KMG EP" or the "Company") with its registered office at: Kabanbay Batyr Ave. 17, Astana (executive body address) herewith informs its shareholders that an extraordinary general meeting of shareholders will take place on December 7, 2010 at 11.00 am at: Kabanbay Batyr Ave. 17, Astana, Kazakhstan with the following agenda:

Appointment of the Company's auditor for the period between 2011 and 2013 to audit interim financial statements for the six months as of 30 June 201 through 2013 and financial statements and reporting package for consolidation with NC KMG for the years ended 31 December 2011 through 2013, respectively subject to terms and conditions of the contract attached herewith.

Time of registration: 10.00am

Closing time of registration: 10.45am

In the absence of the quorum, the repeated extraordinary general meeting of shareholders will be held on December 8, 2010 at 11.00am with the same agenda, at the same address above.

The record date of shareholders qualified for participation in the extraordinary general meeting of shareholders is on November 1, 2010.

The shareholders may familiarize themselves with the agenda items in the office of KazMunaiGas Exploration Production JSC at: office 1207, 12th floor, Kabanbay Batyr Ave. 17, Astana, Kazakhstan, from November 1, 2010, on business days from 9.00am till 6.30pm, as well as on the web-site: www.kmgep.kz.