Shares Buy Back Daily Results

KMG EP Share Buy Back Programme.

Announcement on the results of the trading

Astana, 13 December 2012. JSC KazMunaiGas Exploration Production ("the Company" or "KMG EP") announces that pursuant to the Share Buy Back Programme commenced on 11 October, 2011, on 12 December 2012 the Company acquired 11 778 of its global depositary receipts ("GDRs") (LSE:KMG) on the London Stock Exchange at an average price of US$19.45 per GDR and 27 of its ordinary shares (KASE:RDGZ) on the Kazakhstan Stock Exchange at an average price of KZT16 500.00 each

Since the start of the Share Buy Back Programme, the Company has purchased in aggregate 13 450 290 GDRs and 19 369 ordinary shares.

For further details please contact us at:

Investor Relations (+7 7172 975433)

Asel Kaliyeva

E-mail: [email protected]

Public Relations (+7 7172 977915)

Zhanna Oyshybaeva

E-mail: [email protected]