OREANDA-NEWS. Total Group copper cathode equivalent output 139 kt

Measures to protect profit margins continued throughout the first half of 2014

Group copper cathode equivalent production volumes remain on target to

meet full year production guidance of 285 kt to 295 kt

Second half output to benefit from planned reduction of work in progress

By-product output

Zinc in concentrate output of 62 kt

Silver output of 5,224 koz

Gold output of 51 koz

East Region and Bozymchak

East Region copper cathode equivalent output of 41 kt in first half of 2014

Full year target for the East Region and Bozymchak of around 80 kt of copper

cathode equivalent

Oleg Novachuk, Chief Executive Officer, said: "During the first half of 2014 management has remained focused on efficient production, reducing output in higher cost areas in order to protect margins and conserve cash. We recently announced further details of our proposed restructuring, which will significantly change the nature of our business, moving the Company towards its strategic goal of production dominated by large scale, low cost, open pit mines. I look forward to reporting on our progress."

Kazakhmys PLC is a leading international natural resources group. It is the largest copper producer in Kazakhstan and one of the top worldwide with 16 operating mines, 7 concentrators and a copper smelter. Kazakhmys Mining has a full range of facilities enabling it to process ore extracted through to finished metal. Total copper cathode equivalent output from own ore was 294 kt in 2013. The Group has two major copper projects under construction.

Kazakhmys Mining produces significant volumes of other metals, including zinc, silver and gold. In 2013, it produced 134 kt of zinc in concentrate. The Group is amongst the largest global silver producers with output of 14 Moz in 2013.

Kazakhmys Power operates three captive power stations which supply electricity to Kazakhmys Mining and third parties. In 2013, net power generated by captive power stations was 5,723 GWh.

The Group is listed on the London Stock Exchange, the Kazakhstan Stock Exchange and the Hong Kong Stock Exchange. It had revenues from continuing operations of USD 3.1 billion in 2013 and a Group EBITDA of USD 1.1 billion. The Group employs around 53,000 people, principally in Kazakhstan.