Shares Buy Back Daily Results

KMG EP Share Buy Back Programme.

Announcement on the results of the trading

Astana, 05 June 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 4 June 2012 the Company acquired 130 of its ordinary shares (KASE:RDGZ) on the Kazakhstan Stock Exchange at an average price of KZT16 280.00 each.

Since the start of the Share Buy Back Programme, the Company has purchased in aggregate 6 828 505 GDRs and 15 465 ordinary shares.

For further details please contact us at:

«KMG EP». Public Relations (+7 7172 97 7887)

Bakdaulet Tolegen

E-mail: [email protected]

«KMG EP». Investor Relations (+7 7172 97 5433)

Asel Kaliyeva

E-mail: [email protected]

Pelham Bell Pottinger (+44 207 861 3147)

Elena Dobson

е-mail: [email protected]