OREANDA-NEWS. On November 01, 2007 Exploration Production KazMunayGas JSC (Astana), shares of which are traded in Kazakhstan stock exchange's (KASE) category "A" official has spread the press release of the following content, reported the press-centre of KASE:

Astana, November 1 2007, on October 30 of 2007 special general meeting of shareholders (SGMS) of EP KazMunayGas JSC ("EP KMG", "Company"), on which corporate documents of the Company have been approved. Also, decisions about change in staff of Board of Directors and in returning board of the Company were taken.

Due to innovations in legislation of the Republic of Kazakhstan that were targeted on providing the minority shareholders with protection of their rights, SGMS approved new edition of its Charter, Corporate Governance Code (CGC) and Clause about Board of Directors ("Clause") of the Company. On September 12 of 2007, projects of the corporate documents in new edition were approved by Company's Board of Directors and were recommended for approval by general meeting of shareholders of EP KMG.

By the decision of SGMS, due to preschedule end of power of the Company's Board of Directors member Mr Ogay, vice-president of the National Company KazMunayGas JSC - Mr Ibrashev was elected for the position of a member of Board of Directors.

The special meeting of shareholders of EP KMG also approved new staff of returning board.

The complete version of the press release of Exploration Production KazMunayGas JSC is available on KASE's Web site:

- http://www.kase.kz/emitters/scan/rdgz/rdgz_reliz_011107.pdf - in Russian language;

- http://www.kase.kz/emitters/scan/rdgz/rdgz_reliz_011107e.pdf - in English.