JPMorgan - KASE

Regulation S Notes
By purchasing notes outside the United States pursuant to Regulation S and in resales prior to the
expiration of the distribution compliance period, and by accepting delivery of this offering
memorandum and the notes, you will be deemed to have represented, agreed and
acknowledged that:
(1) You are, or at the time notes are purchased will be, the beneficial owner of such notes and
(a) you are not a U.S. person and you are located outside the United States (within the
meaning of Regulation S) and (b) you are not an affiliate of the issuer, any guarantor or a
person acting on behalf of such an affiliate.
(2) You understand that such notes and the guarantees have not been and will not be
registered under the Securities Act and that, prior to the expiration of the distribution
compliance period, you will not offer, sell, pledge or otherwise transfer such notes except (a)
in accordance with Rule 144A under the Securities Act to a person that you and any person
acting on your behalf reasonably believe is a QIB purchasing for its own account or the
account of a QIB or (b) in an offshore transaction in accordance with Rule 903 or Rule 904 of
Regulation S, in each case in accordance with any applicable securities laws of any State of
the United States.
(3) The issuer, the registrar, the initial purchasers and their affiliates, and others will rely upon
the truth and accuracy of the foregoing acknowledgments, representations and agreements.
(4) You understand that the notes offered in reliance on Regulation S will be represented by the
Unrestricted Global Note. Prior to the expiration of the distribution compliance period,
before any interest in the Unrestricted Global Note may be offered, sold, pledged or
otherwise transferred to a person who takes delivery in the form of an interest in the
Restricted Global Note, it will be required to provide the registrar with a written certification
(in the form provided in the indenture) as to compliance with applicable securities laws.
Legal Matters
Certain legal matters will be passed upon for the issuer and the guarantors by Paul, Weiss,
Rifkind, Wharton & Garrison LLP, London, England and for the initial purchasers by Linklaters,
London, England. Certain matters of Dutch law relating to the notes will be passed upon by
Stibbe, Dutch counsel for the issuer and the guarantors. Certain matters of Kazakhstani law
relating to the notes will be passed upon by Bracewell & Patterson L.L.P., Kazakhstani counsel for
the issuer and the guarantors, and Denton Wilde Sapte, Kazakhstani counsel for the initial
purchasers. Certain matters of Canadian law relating to the notes will be passed upon by
Gowling Lafleur Henderson LLP, Canadian counsel to the issuer and the guarantors.
Independent Accountants
The consolidated financial statements of Hurricane Hydrocarbons Ltd. at December 31, 2000 and
2001, and for each of the three years ended December 31, 2001, included in this offering
memorandum, have been audited by TOO Deloitte & Touche, independent auditors, as stated in
their report appearing elsewhere in this offering memorandum.
Experts
The estimates of our oil reserves included in this document have been excerpted from and
included in reliance upon the McDaniel Reports dated March 7, 2002 and March 7, 2002 with an
effective date as of January 1, 2002, and upon the authority of McDaniel as experts in the
estimation of petroleum reserves.
149