OREANDA-NEWS. Exploration Production KazMunaiGas JSC (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release:

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Exploration Production KazMunayGas JSC ("EP KMG" or "the Company") announces that the Board of Directors of the Company has acceded to the petition of resignation received from the CEO Abat Nurseitov as the CEO (Chairman of the Management Board) and a member of the Board of Directors of the Company in connection with another job offer.

The decision to appoint a new CEO will be made by the Board of Directors of EP KMG in the near future and announced by the Company immediately.

The Chairman of the Board of Directors Christopher Hopkinson thanked Abat Nurseitov for his significant contribution to the Company stabilization period.

The duties of the CEO (Chairman of the Management Board) of the Company as of September 8, 2015 were entrusted to the Deputy CEO for Economics and Finance Dastan Abdulgafarov until the election of the CEO in the prescribed manner.

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