ISLE OF MAN--(Marketwire - Oct 26, 2012) -

                            Zhaikmunai L.P.
                          (the "Partnership")


Zhaikmunai L.P. (LSE: ZKM), the oil and gas exploration and production
enterprise with assets in north-western Kazakhstan today announces that
its Gas Treatment Facility (GTF) is fully operational following
successful completion oft its planned maintenance shutdown which ended
on 22 October.

Successful Completion of Scheduled Maintenance Programme

The full programme of the scheduled maintenance shutdown of the GTF was
not only completed successfully, according to Mr. Heinz Wendel, Chief
Operating Officer of Zhaikmunai, but it was also completed 2 1/2 days
ahead of schedule.

The 12-day shutdown involved round-the-clock activity by more than 200
personnel on the field site, all of which was carried out under very
stringent HSE requirements. No accidents or injuries were reported.

Further information

For further information please

Further enquiries

Zhaikmunai LP - Investor Relations
Bruno Meere,
Kirsty Hamilton-Smith            +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 exploration and development and production of oil and gas. It is
listed on the London Stock Exchange (Ticker symbol: ZKM). Its principal
producing asset is the Chinarevskoye Field located in northwestern
Kazakhstan. Zhaikmunai L.L.P., a wholly-owned subsidiary of Zhaikmunai
L.P., holds a 100% interest in and is the operator of the Production
Sharing Agreement for 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
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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