company KAZAKHMYS PLC (United Kingdom) published the response to announcement of the Government of Kazakhstan on intention to purchase the stake of the company in the size up to 15%

/KASE, March 26, 08/ - The 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, which informs on the following: Quotation start Kazakhmys PLC (The Company or Kazakhmys) is greeting the recently published announcement of the Government of Kazakhstan (The Government) about its intention to purchase the minority stake in the size of up to 15% in the company Kazakhmys. The Company confirms that it conducted the preliminary negotiations with the Government about the number of alternatives, including the possibility of purchasing by the Company of assets of raw materials in Kazakhstan in exchange for purchasing by the Government of the minority stake in the company Kazakhmys. If these negotiations lead to the agreement, it will be announced additionally, and, as it is supposed to be, the confirmation of Kazakhmys shareholders will be requested. For additional information please contact next persons: John Smelt, the Head of Corporate connections department 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 20 765 6620 Leonid Fink, tel.:+44 20 7653 6620 Anastasia Ivanova (in Russian language) tel.: +44 20 7653 6620 Leonid Fink (in Russian language) tel.: +44 20 7653 6620 "Merlin" Quotation end [2008-03-26]