Company KAZAKHMYS PLC (United Kingdom) informed about the financial results of its activity for year 2007

06.03.08 21:44
/KASE, March 6, 08/ - 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 informing of the following: quotation begin MAIN FINANCIAL INDICATORS - Stable financial results, caused by high prices on raw materials - EBITDA with the deduction of special articles increased to $2.336m. - Earnings, based on Basic Income increased to $3.02 per share - Free cash flow totaled $895 m. - Final dividend payment, announced to the amount of 27.4 U.S. cents per share; growth by 7% - Total dividend at 41.0 U.S. cents per share (in 2006 - 38.5 cents per share) - Cash flow to the shareholders totaled more than $800 m. over the year - Including the program of shares' repurchase to the sum of $390 m. (that will be completed in January 2008) - Special dividend equal to $235 m. was paid in October 2007 PRODUCTION INDICATORS AND STRATEGY - Production of cathode copper from the own raw materials made 341 th. tons - Stable high production level of accompanying products - Main acquisitions - 14.6% stake in ENRC PLC whose estimated value as of taday is $4.2 bn. - Ekibastuz state district power station - Eurasia Gold - Dostan Temir LLP, oil exploration - Main perspective projects: - Completion of preparation of technical and economical substantiation of Boshekulskiy copper field by the end of 2008 - Completion of preparation of technical and economical substantiation of exploration of Aktogayskiy filed of oxide copper by the end of 2008 - Assets optimization: - Start of production on the mines Abys and Akbastau in January 2008 - Completion of construction of a new washhouse and reconstruction of two effective ones - Operational difficulties in 2007 and conducted changes quotation end - Full version of press-release of KAZAKHMYS PLC is available at: - http://www.kase.kz/emitters/scan/kzms/gbkzms_reliz_060308.pdf in Russian language; - http://www.kase.kz/emitters/scan/kzms/gbkzms_reliz_060308e.pdf in English. [2008-03-06]