OREANDA-NEWS. On October 29, 2007 Company KAZAKHMYS PLC (London), common shares of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list had provided KASE with the press-release in which the following is informed, reported the press-centre of KASE:

Company Kazakhmys PLC (Group) announces that purchasing of 18,8%-ge stake of participation in Eurasian Natural Resources PLC ("ENRC") was finished.

After approval of operation by independent shareholders of the group on October 19 of this year and acceptance of normative approval from the side of Government of Kazakhstan 18,8% shares of ENRC were purchased yesterday at the price $806,5 m. which may change a little for consideration of final spending for financing.

This investment of capital corresponds to long-term strategy of Kazakhmys for purchasing of stakes of participation in existing regional mineral resource industries of Central Asia. Purchasing will be considered as investment from the side of Group and will be financed by existing cash funds.

Full version of press-release of KAZAKHMYS PLC in Russian language is available at http://www.kase.kz/emitters/scan/kzms/gbkzms_reliz_261007.pdf