Zhaikmunai Standard and Poor's Rating Raised to B+


AMSTERDAM, THE NETHERLANDS--(Marketwired - Aug 6, 2013) -


       Zhaikmunai Standard and Poor's (S&P) Rating Raised To 'B+'
 on Strong Operational Track Record and Robust Credit Metrics; Outlook
                                 Stable

Amsterdam, 5 August 2013 - Zhaikmunai L.P. (LSE: ZKM) ("Zhaikmunai"),
the oil and gas exploration and production enterprise with assets in
north-western Kazakhstan, today reports that Standard & Poor's Ratings
Services raised its long-term corporate credit rating to 'B+' from 'B'.
The outlook is stable. S&P also raised the issue ratings on
Zhaikmunai's senior secured notes to 'B+' from 'B'.

FULL RELEASE

The full press release is available on the following link:

 http://ratings.standardandpoors.com/corporates/EMEA-Commodities.html 



Further information

For further information please visit  www.zhaikmunai.com 

Further enquiries

Zhaikmunai LP - Investor Relations
Bruno G. Meere
Kirsty Hamilton-Smith
 investor_relations@zhaikmunai.com             + 31 20 737 2288

Deutsche Bank                                + 44 (0) 207 545 8000
Ben Lawrence
JM Hafner
Rob Abbott

VTB Capital plc                              + 44 (0) 203 334 8000
Alexander Metherell
Marcus Brown
Giles Coffey

College Hill                                 + 44 (0) 207 457 2020
David Simonson
Catherine Wickman
Anca Spiridon


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.

Deutsche Bank

Deutsche Bank AG is authorised under German Banking Law (competent
authority: BaFin - Federal Financial Supervisory Authority) and
authorised and subject to limited regulation by the Financial Conduct
Authority (the "FCA"). Details about the extent of Deutsche Bank AG's
authorisation and regulation by the FCA are available on request.

VTB Capital

VTB Capital Plc is authorised by the Prudential Regulation Authority
and regulated by the Financial Conduct Authority and the Prudential
Regulation Authority.

                    This information is provided by RNS
          The company news service from the London Stock Exchange

END

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