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Interactive Annual Report 2009







This web-site and the information on it are owned by JSC Exploration Production KazMunaiGas (the “Company”). Certain information on this web-site (including share price information) may be provided by third-party suppliers on our behalf. The Company has taken all reasonable care and precaution to ensure that the information on this web-site is accurate and up-to-date. (Where any such information is expressed to be dated, the Company has taken all reasonable care and precaution to ensure it was accurate as of the date specified.) Notwithstanding the foregoing, the Company does not guarantee the accuracy of any information on this web-site (including any information provided by third-party suppliers on its behalf) and disclaims any duty or responsibility to correct or update it subsequently.

The Company, on behalf of itself and its subsidiaries, affiliates, directors and employees, expressly disclaims any liability for any inaccuracies or omissions on the web-site. The Company, on behalf of itself and its subsidiaries, affiliates, directors and employees, does not accept any liability for any direct or indirect losses or damage of whatsoever kind arising from access to, or the use of, this web-site or any information contained on it or linked to it, including for purposes of making investment decisions.

The information contained on this web-site is provided for information purposes only and is not an invitation nor is it intended as an inducement to engage in investment activity. The information provided should not be relied on in making any investment decision.

The past performance of the Company or any other company referred to on this web-site cannot be relied on as a guide to its future performance. The price of shares and other securities, and income derived from them, can go down as well as up and investors may not recoup any amount originally invested.
All statements other than statements of historical fact contained on this web-site are forward-looking statements. Examples of such forward-looking statements include, but are not limited to:

  • statements of our plans, objectives or goals, including those related to products or services;
  • statements of future economic performance; and
  • statements of assumptions underlying such statements.

Forward looking statements may also include projections or expectations of revenues, income (or loss), earnings (or loss) per share, dividends, capital structure or other financial items or ratios. Words such as “believes,” “anticipates,” “expects,” “estimates,” “intends” and “plans” and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements.

By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward-looking statements will not be achieved. You should be aware that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include:

  • inflation, interest rate and exchange rate fluctuations;
  • the price of oil;
  • the effects of, and changes in, Kazakh government policy;
  • the effects of competition in the geographic and business areas in which we conduct operations;
  • the effects of changes in laws, regulations, taxation or accounting standards or practices;
  • our ability to increase market share for our products and control expenses;
  • acquisitions or divestitures;
  • technological changes;
  • weather conditions; and
  • our success at managing the risks of the aforementioned factors.

This list of important factors is not exhaustive. When relying on forward-looking statements, you should carefully consider the foregoing factors and other uncertainties and events, especially in light of the political, economic, social and legal environment in which we operate. Such forward-looking statements speak only as of the date on which they are made, and, subject to any continuing regulatory obligations under and other applicable law, we do not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise. We do not make any representation, warranty or prediction that the results anticipated by such forward-looking statements will be achieved, and such forward-looking statements represent, in each case, only one of many possible scenarios and should not be viewed as the most likely or standard scenario.