Dividend Announcement

RNS Number : 7812F

Zhaikmunai LP

29 May 2013

 

Zhaikmunai Board of Directors Recommends a

Distribution of US$ 0.34 per Common Unit

Amsterdam, 29 May 2013.  Zhaikmunai L.P. (LSE: ZKM) ("Zhaikmunai" or the "Partnership") the oil and gas exploration and production enterprise with assets in north-western Kazakhstan, announces that at its meeting held on 23 May 2013 in Amsterdam, the Board of Directors of Zhaikmunai Group Limited, the General Partner of the Partnership, has recommended that a distribution of US$ 0.34 per common unit be made by the Partnership to the holders of common units, amounting to a total distribution of US$ 63,982,206.

The distribution is subject to approval by the limited partners of the Partnership at the Annual General Meeting to be held on 28 June 2013. Subject to such approval, the distribution will be paid out on a date prior to 30 September 2013 that is to be announced by the 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]                         + 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.

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange.

 

END

 

 

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