OREANDA-NEWS. On 25 July 2008 Kazakhmys announced that following an application for the admission of 80,286,050 new ordinary shares of 20p each in Kazakhmys (the “New Shares”) to be admitted to the Official List of the Financial Services Authority and to trading on the London Stock Exchange’s main market for listed securities, at 8.00am today the New Shares were admitted to the Official List and trading in them commenced.

The New Shares have been issued to the Government of Kazakhstan as consideration for the transfer to Kazakhmys from the Government of Kazakhstan of 98,607,884 shares in Eurasian Natural Resources Corporation PLC (“ENRC”).  Following completion of the transaction, combined with its existing stake of 14.59 per cent. of ENRC’s issued share capital, Kazakhmys will hold a stake of 22.24 per cent. in ENRC.

As a result of the issuing of the New Shares, the number of Kazakhmys ordinary shares in issue increases to 535,240,338.