KazMunaiGas Exploration Production announces AGM decisions of May 24, 2016

/KASE, May 26, 2016/ – KazMunaiGas Exploration Production Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release: quote JSC KazMunaiGas Exploration Production ("KMG EP" or the "Company") held an annual general meeting of shareholders (“AGM”) on the 24th May 2016. The shareholders approved the Consolidated Financial Statements and the Annual Report for 2015. The shareholders also approved the dividend payment for 2015. The shareholders concluded that no dividend will be paid on ordinary shares. In accordance with KMG EP’s Charter, an annual minimum guaranteed dividend of 25 Tenge (including taxes to be withheld in accordance with Kazakhstan’s legislation) will be paid per preferred share. This is equivalent to 52 million Tenge (approximately US$153 thousand). The payment of the annual dividend for 2015 will be made to shareholders of record as at 23:59 of 3rd June 2016 and will commence on 4th July 2016. unquote [2016-05-26]