AGM of Limited Partners Approves Distribution

RNS Number : 0472I

Zhaikmunai LP

28 June 2013

 

Annual General Meeting of Limited Partners
Approves Distribution

Amsterdam, 28 June 2013.  Zhaikmunai L.P. (LSE: ZKM) ("Zhaikmunai" or the "partnership") is pleased to announce that on Friday,  28 June 2013 the limited partners of Zhaikmunai duly passed all proposed resolutions at the Annual General Meeting ("AGM") of limited partners.  Such resolutions included approval by the limited partners at the AGM of a distribution to Zhaikmunai's limited partners of US$ 0.34 per common unit (the "Distribution").  The Distribution will be payable by Zhaikmunai on 26 July 2013 to common unit holders on the register of partners and interests at the close of business on 19 July 2013.

Distribution Payer:                  Zhaikmunai L.P.

Regulation S GDRs:               ISIN No.: US98952U2042; CUSIP No.: 98952U204

Rule 144A GDRs:                   ISIN No.: US98952U1051; CUSIP No.: 98952U105

Distribution:                             Final Rate

Gross Distribution Rate:         US$ 0.34 per common unit

Common Unit Record Date:   19 July 2013

GDR Record Date:                 19 July 2013

Common Unit Payable Date: 26 July 2013

Depositary Bank:                    The Bank of New York Mellon

101 Barclay Street, 22^nd Floor

New York, NY 10286, USA

Attn: ADR Division

Further information

For further information please visit www.zhaikmunai.com

Further enquiries

Zhaikmunai LP - Investor Relations

Bruno G. Meere

Kirsty Hamilton-Smith

[e-mail]             + 31 20 737 2288

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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