Special General Meeting: Resolutions Passed

RNS Number : 2302B

Zhaikmunai LP

02 April 2013

 

SPECIAL GENERAL MEETING:

PROPOSED RESOLUTIONS PASSED

Amsterdam, 02 April 2013. Zhaikmunai L.P. ("Zhaikmunai" or the "Partnership") is pleased to announce that on Thursday, 28 March 2013, the limited partners of Zhaikmunai duly passed all proposed resolutions at the Special General Meeting ("SGM") of limited partners.

Such resolutions comprised approval of certain amendments to Zhaikmunai's limited partnership agreement, principally to provide for a GDR repurchase programme, as well as approval for the implementation of such a programme by Zhaikmunai Group Limited, Zhaikmunai's general partner.

Further information

For further information please visit www.zhaikmunai.com

Further enquiries

Zhaikmunai LP - Investor Relations

Bruno G. Meere

Kirsty Hamilton-Smith

[e-mail]                         + 44 (0) 1624 68 21 79 

Pelham Bell Pottinger

Philip Dennis

Elena Dobson                                                            + 44 (0) 207 861 32 32 

About Zhaikmunai

Zhaikmunai is an independent oil and gas enterprise currently engaging in the production, development and exploration of oil and gas in north-western Kazakhstan. Its Global Depositary Receipts (GDRs) are listed on the London Stock Exchange (Ticker symbol: ZKM). Zhaikmunai's principal producing asset is the Chinarevskoye field, in which it holds a 100% interest and is the operator, through its wholly-owned subsidiary Zhaikmunai LLP. In addition, Zhaikmunai holds a 100% interest in and is the operator of the Rostoshinskoye, Darinskoye and Yuzhno-Gremyachenskoye oil and gas fields. Located in the pre-Caspian basin to the north-west of Uralsk, these exploration and development fields are approximately 60 and 120 kilometres respectively from the Chinarevskoye field.

Forward-Looking Statements

Some of the statements in this document are forward-looking. Forward-looking statements include statements regarding the intent, belief and current expectations of the Partnership or its officers with respect to various matters. When used in this document, the words "expects," "believes," "anticipates," "plans," "may," "will," "should" and similar expressions, and the negatives thereof, are intended to identify forward-looking statements. Such statements are not promises or guarantees, and are subject to risks and uncertainties that could cause actual outcomes to differ materially from those suggested by any such statements.

 

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