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Standard & Poor’s Announces Correction Regarding PetroKazakhstan Inc.

Date 19/10/2005

Standard & Poor's Canadian Index Operations announces that PetroKazakhstan Inc (TSX:PKZ) will NOT be removed from the S&P/TSX Composite, and other affected indices, effective after the close of business on Wednesday, October 19, 2005, because the acquisition of PetroKazakhstan Inc. by China National Petroleum Corp. (CNPC) has not yet received court approval.

Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.

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