KAZKOMMERTS SECURITIES (SUBSIDIARY OF KAZKOMMERTSBANK) AND SKYBRIDGE INVEST ANNOUNCE RESULTS OF PRIMARY OFFERING OF EUROBONDS OF NATIONAL COMPANY KAZMUNAYGAS TO THE AMOUNT OF $500 MLN

/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 10.5-year Eurobonds of the Issuer with a total face value of USD500 mln, issued under the Mid-Term Global Notes Issue Program to the total amount of up to 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 4.95%. The total issue volume made up USD500 mln. Local investors purchased to a total face value of $5.2 mln (or 1.0% of the total issue volume), with the volume of orders submitted by local investors through KASE making up USD542.95 mln. In the total volume of orders from Kazakhstan investors 100 originated from brokerage companies and their clients. Orders submitted through KASE in which yield to maturity announced by investors did not exceed 4.95% 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: 500,000,000 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: May 7, 2025 Offering price: 99.392% Coupon rate: 4.875% p.a. 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 4.95% p.a. 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]