OREANDA-NEWS. On November 26, 2007 Exploration Production KazMunayGas JSC (Astana), shares of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list, had spread the press-release in which the following is informed, reported the press-centre of KASE:

JSC KazMunaiGas Exploration Production ("KMG EP" or the "Company"), is today embarking on a series of analyst and investor meetings, providing an update to the market on its current operations and the Company's plans for the future. The management team of KMG EP is lead by the Company's CEO Mr Askar Balzhanov.

The presentation given by management aims to provide a full update on KMG EP's current operations. Management will present its strategy of growing the Company's oil reserves, maintaining current levels of production in existing fields, as well as optimizing production costs.

The management team will also provide details regarding recent and potential acquisitions. It has been agreed that KMG EP will receive an interim dividend of US$300 million from Kazgermunai for the first 9 months of 2007.

A copy of the analyst presentation will be made available on the KMG EP website at www.kmgep.kz.