KAZAKHMYS PLC (United Kingdom) informed of signing documents to receive pre-export loan to the sum of $2.1bn.

04.03.08 21:22
/KASE, March 4, 08/ - KAZAKHMYS PLC Company (London), common shares of which are traded in the official category "A" list of Kazakhstan stock exchange (KASE), provided KASE with the press release, saying: Beginning of quote Kazakhmys PLC announces of signing documents to receive pre-export loan to the sum of $2.1bn. that was initially announced on February 5, 2008. Five year loan with a considerable excess of an established sum of a subscription will be allocated on the general corporate needs, including an offered acquisition of Ekibastuz power station. Deutsche Bank led the conduction of the operations and the authorized leading organizers were ABN AMRO Bank, Barclays Bank, BNP Paribas, CALYON, Commerzbank, Deutsche Bank, Dresdner Bank, ING Bank, Natixis, Societe Generale Corporate & Investment Banking, Sumitomo Mitsui Banking Corporation, The Bank of Tokyo-Mitsubishi UFJ and WestLB. The organizers were Bank of China, Fortis, JPMorgan Chase Bank, Merrill Lynch International Bank and Rabobank International; and the co-organizer - ICBC London. Mathew Herd, the financial director of Kazakhmys PLC noted: "We are glad to receive the feedback of the banking services market on our first operation, particularly in today's uneasy market conditions. Participation of 19 banks and a considerable excess of the established sum of a subscription on the operation reflects our healthy balance sheet and the excellent ability to generate cash flow, and demonstrates the support regarding our growth strategy. It is the first opportunity for international credit investors to participate in financing of Kazakhmys, and allows us to increase our financial flexibility through diversification of our funding sources. We are ready to conduct further similar projects in an appropriate time as long as the Group continues its expansion due to a natural growth and acquisitions". For more detailed information, please, contact the next persons: John Smalt, Head of corporate relationships department Tel.: +44 20 7901 7882 Mobile.: +44 787 964 2675 Olga Nekrasova, Financial analyst Tel.: +44 20 7901 7814 " Kazakhmys PLC " David Simpson and Tom Rendell (in English) Leonid Fink and Anastasia Ivanova (in Russian) Tel:+44 20 7653 6620 "Merlin" End of quote [2008-03-04]