KazMunaiGas Exploration Production announces increasing oil refining fee in JV Caspi Bitum as of November 1, 2017

/KASE, October 11, 2017/ – KazMunaiGas Exploration Production (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote JSC KazMunaiGas Exploration Production ("KMG EP" or the "Company") announces that the processing fee at LLP JV "Caspi Bitum" will increase from 12 258 Tenge per tonne to 18 000 Tenge per tonne starting from 1 November 2017, according to a letter received from JSC NC "KazMunayGas". JSC "Karazhanbasmunai" ("CCEL"), where KMG EP holds a 50% stake, supplies crude oil to LLP JV "Caspi Bitum" for processing. In the first six months of 2017, CCEL supplied 294 thousand tonnes of crude oil to the bitumen plant for processing. For further details please contact us at: KMG EP. Investor Relations (+7 7172 97 5433) Saken Shoshanov e-mail: ir@kmgep.kz KMG EP. Public Relations (+7 7172 97 78 87) Bakdaulet Tolegen e-mail: pr@kmgep.kz Finsbury (+44 (0) 20 7251 3801) Dorothy Burwell e-mail: KMGEP@finsbury.com unquote [2017-10-11]