OREANDA-NEWS. On 10 July 2008 Kazakhmys PLC announced that at its General Meeting held, the proposed acquisition of a 7.66% stake in Eurasian Natural Resources Corporation PLC (“ENRC”) from the Government of Kazakhstan (the “Government”), in exchange for the issue to the Government of 80,286,050 new ordinary shares in the Company, representing a 15% stake in the enlarged issued share capital of the Company, was approved by its shareholders.

Combined with its existing stake of 14.59% in ENRC acquired in October 2007, the Company

will hold a 22.24% stake in ENRC and the Government will hold a 15% stake in the Company

on completion of the acquisition.

The acquisition remains conditional on the receipt of the required regulatory approvals from

the Kazakh authorities which are expected to be received shortly.

Copies of the ordinary resolution passed by the shareholders of the Company at its General

Meeting have been submitted to the UK Listing Authority and will shortly be available for

inspection at the UK Listing Authority’s Document Viewing Facility, which is situated at:

Financial Services Authority

25 The North Colonnade

Canary Wharf

London E14 5HS

Tel. No. (0) 20 7066 1000