KAZKOMMERTS SECURITIES (SUBSIDIARY OF KAZKOMMERTSBANK) AND SKYBRIDGE INVEST ANNOUNCE RESULTS OF PRIMARY OFFERING OF 30-YEAR EUROBONDS OF NATIONAL COMPANY KAZMUNAYGAS TO THE AMOUNT OF USD1 BN

/KASE, November 7, 14/ – Kazkommerts Securities JSC (Almaty) and SkyBridge Invest JSC (Almaty), members of Kazakhstan Stock Exchange (KASE), today provided KASE with the following information statement: quote Hereby, Kazkommerts Securities JSC (subsidiary organization of Kazkommertsbank JSC) and SkyBridge Invest JSC (Almaty), being Kazakhstan Lead Managers and Kazakhstan Bookrunners for Eurobonds of National company "KazMunayGas" JSC (hereinafter – the Issuer), announces results of the primary offering of 30-year Eurobonds of the Issuer with a total face value of USD1 bn, issued under the Mid-Term Global Notes Issue Program to the total amount of USD10.5 bn, and registered in accordance with the legislation of a foreign state. Upon having collected orders the Issuer fixed the cutting price on the yield to maturity at 6.1%. The total issue volume made up USD1 bn. Local investors purchased to a total face value of $80.2 mln (or 8.0% of the total issue volume), with the volume of orders submitted by local investors making up USD150.2 mln. In the total volume of orders from Kazakhstan investors 12.5% originated from banks and 87.5% – from brokerage companies and their clients. Orders submitted through KASE in which yield to maturity announced by investors did not exceed 6.1% APR, were accepted by the Issuer in full. Below are final parameters of the bond issue. ----------------------------------------------------------------------- Issuer: NC KazMunayGas JSC Bond type: Global bond of senior unsecured debt Issue format: In accordance with Rule 144A / Rule S of the US Securities Act Issue ratings: BBB (Fitch) / Baa3, (Moody's) / BBB- (S&P) Issue's face value: 1,000,000,000 US dollars Face value of one 200,000 US dollars or the higher face value, security: multiple of 1,000 US dollars Settlement date/ November 7, 2014 Circulation start date: Maturity date: November 7, 2014 Offering price: 98.631% Coupon rate: 6.0% APR Coupon payment date: May 7 and November 7 of each year, beginning from May 7, 2015 Time base at 30/360 days calculation of coupon amount: Yield to maturity 6.1% APR at offering: Joint Lead Managers Citi, Credit Suisse, Deutsche Bank and UBS and Book-Runners: Kazakhstan Lead Kazkommerts Securities JSC and SkyBridge Managers and Invest JSC Kazakhstan Bookrunners Governing Law: English Law Listing: KASE, London Stock Exchange ----------------------------------------------------------------------- unquote [2014-11-07]