OREANDA-NEWS. On October 19, 2007 KAZAKHMYS PLC (London, hereafter "the company") whose common shares are traded in the official category "A" listing of Kazakhstan stock exchange (KASE) had provided KASE with a copy of protocol of Committee of allotment meeting dated August 16 of 2007, reported the press-centre of KASE.

Committee of allotment is authorized to allocate and issue shares of the company to the former participants of Corporation Kazakhmys LLP (Corporation) in accordance with shares exchange program and to conduct all other operations, needed for repurchase of their stake in the Company's authorized capital.

According to the presented document, the Committee accepted the decision of allotting 2,559,665 common shares of the company with the par value of 20 pence and to issue them for Daughter organizations of joint stock company Bank TuranAlem TuranAlem Securities (Almaty) who is a trustee of former participants of the Corporation.