/KASE, February 7, 12/ - KazMunaiGas Exploration Production (Astana), shares of which are officially listed on Kazakhstan Stock Exchange (KASE), provided to KASE the following press release of February 7, 2012:

quotation

JSC KazMunaiGas Exploration Production ("the Company" or "KMG EP") announces that pursuant to the Share Buy Back Programme commenced on 11 October, 2011, on 6 February 2012 the Company acquired 11 730 of its global depositary receipts ("GDRs") (LSE:KMG) on the London Stock Exchange at an average price of US$15.52 per GDR.

Since the start of the Share Buy Back Programme, the Company has purchased in aggregate 1 954 544 GDRs and 4 388 ordinary shares.

For further details please contact us at: KMG EP, Public relations (+7 7172 97 7908) Elena Pak e-mail: pr@kmgep.kz

KMG EP Investor Relations (+7 7172 97 5433) Asel Kaliyeva e-mail: ir@kmgep.kz

Pelham Bell Pottinger (+44 207 861 3147) Elena Dobson e-mail: edobson@pelhambellpottinger.co.uk

ends

[2012-02-07]