Company KAZAKHMYS PLC (United Kingdom) had published the response on notification of ENRC

13.03.08 18:03
/KASE, March 13, 08/ - Company KAZAKHMYS PLC (London), common shares of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list, provided KASE with the press-release in which the following is informed: Quotation begin Kazakhmys PLC ("Kazakhmys") notes the announcement made by Eurasian Natural Resources Corporation PLC ("ENRC"). No proposal has been received by Kazakhmys. A further announcement will be made as appropriate. For further information please contact: John Smelt, Head of corporate communications Tel.: +44 20 7901 7882 Mob.: +44 787 964 2675 Olga Nekrasova, Financial analyst Tel.: +44 20 7901 7814 Kazakhmys PLC David Simonson Tel.:+44 20 7653 6620 Tom Randell Tel.:+44 20 7653 6620 Leonid Fink Tel.:+44 20 7653 6620 "Merlin" DEALING DISCLOSURE REQUIREMENTS Under the provisions of Rule 8.3 of the Takeover Code (the "Code"), if any person is, or becomes, "interested" (directly or indirectly) in 1% or more of any class of "relevant securities" of ENRC or of Kazakhmys, all "dealings" in any "relevant securities" of that company (including by means of an option in respect of, or a derivative referenced to, any such "relevant securities") must be publicly disclosed by no later than 3.30 pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the "offer period" otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an "interest" in "relevant securities" of ENRC or of Kazakhmys, they will be deemed to be a single person for the purpose of Rule 8.3. Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant securities" of ENRC or of Kazakhmys by ENRC or Kazakhmys, or by any of their respective "associates", must be disclosed by no later than 12.00 noon (London time) on the London business day following the date of the relevant transaction. A disclosure table, giving details of the companies in whose "relevant securities" "dealings" should be disclosed, and the number of such securities in issue, can be found on the Takeover Panel's website at: www.thetakeoverpanel.org.uk. "Interests in securities" arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an "interest" by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities. Terms in quotation marks are defined in the Code, which can also be found on the Panel's website. If you are in any doubt as to whether or not you are required to disclose a "dealing" under Rule 8, you should consult the Panel. Quotation end [2008-03-13]