UKTMC JSC (Kazakhstan) has provided KASE with an excerpt from registers system of shareholders complied as of January 1, 2008

/KASE, January 25, 08/ - Ust-Kamenogorskiy titanium-magnesium combine JSC (UKTMC JSC, Ust-Kamenogorsk), shares of which are traded in Kazakhstan stock exchange's (KASE) official list, has presented KASE an excerpt from registers system of shareholders as of January 1, 2008. The register holder of UKTMC JSC is Register system of securities JSC (Almaty). According to the provided excerpt as of January 1,2008, total amount of announced and offered common shares of UKTMC JSC made 2,050,290 units. As of January 1, 2008 the holders of five and more percents from the total amount of offered shares of UKTMC JSC were: ------------------------------------------------------------------------- Amount of shares, Name, copies Stake from -------------------------- offered shares location KZ1C05500018 KZ1P05500114 % ----------------------------- ------------ ------------ -------------- Central depositary of securities JSC (Almaty), nominal holder) 442,430 48,381 23.94 Specialty Metals Company (Brussels, Belgium) 1,402,830 6,102 68.72 B.M. Shayahmetov (Kazakhstan) 97,120 5,452 5.00 ------------------------------------------------------------------------- According to Central depositary of securities JSC as of January 1, 2008: - 131,433 common shares (6.41% of number of offered shares) of UKTMC JSC belonged to KOLUR HOLDING AG company; - 106,236 common shares (5.18%) belonged to Irwood Commercial Ltd. [2008-01-25]