EURASIAN NATURAL RESOURCES CORPORATION PLС (United Kingdom) has informed about listing on KASE

27.03.08 23:06
/KASE, March 27, 08/ - EURASIAN NATURAL RESOURCES CORPORATION PLС (ENRC, London) has provided Kazakhstan Stock Exchange (KASE) with the press-release, which says: Quotation begin London - Eurasian Natural Resources Corporation PLC ('ENRC' or, together with its subsidiaries, 'the Group'), a leading diversified and fully integrated Kazakhstan metals and mining company, is pleased to announce the successful completion of its application to Kazakhstan's listing authorities for ENRC's Ordinary Shares (the 'Shares') to be listed on the Kazakhstan Stock Exchange ('KASE'). There will be no new shares issued in connection with this listing. The Shares will be listed in Category A of the KASE's official list. The listing application was approved by KASE on 27 March 2008. The start of dealings in the Shares on the KASE is expected to be on or around 7 April 2008. The Board of ENRC believes that the KASE listing will enable the Group to access a wider local investor base in Kazakhstan and will further the efforts of the Government of the Republic of Kazakhstan to continue to develop Kazakhstan's capital markets. Dr. Johannes Sittard, Chief Executive Officer of ENRC, said, "I am pleased that ENRC will be listed on the Kazakhstan Stock Exchange, becoming the largest company listed there and fulfilling an ambition from the time of our IPO. I also believe ENRC's listing will be a key step in the development of Kazakhstan's capital markets." Centras Securities represented ENRC as its financial advisor to the secondary listing on KASE and has been appointed by ENRC as its official market-maker. Deutsche Bank advised ENRC in connection with the Kazakhstan listing. For further information, please contact: ENRC Mounissa Chodieva +44 (0) 20 7389 1879 James S Johnson +44 (0) 20 7389 1862 M: Communications Hugh Morrison +44 (0) 20 7153 1534 Edward Orlebar +44 (0) 20 7153 1523 Julia Kalcheva+44 (0) 20 7153 1517 Deutsche Bank +44 (0) 20 7545 8000 Louise Miller Centras Securities +7 (0) 727 259 8877 Gulnara Alimbayeva Ruslan Bulikpaev About ENRC Eurasian Natural Resources Corporation PLC is a leading diversified natural resources group with integrated mining, processing, energy, logistical, and marketing operations. It is the world's largest producer of ferrochrome, based on chrome content, the world's sixth largest iron ore exporter by volume and world's fifth largest supplier of traded alumina by volume. The Group's revenues were US$3,256 million for the year ended 31 December 2006 and US$1,856 million for the six months ended 30 June 2007. EBITDA (pre exceptional items) was US$1,256 million for the year ended 31 December 2006 and US$797 million for the six months ended 30 June 2007. For further information please see the Group's website at www.enrc.com. Forward looking statements This document includes forward-looking statements that reflect the current views of the management of the Group with respect to future events. These forward-looking statements include matters that are not historical facts or are statements regarding the Group's intentions, beliefs or current expectations concerning, among other things, the Group's results of operations, financial condition, liquidity, prospects, growth, strategies, and the industries in which the Group operates. Forward-looking statements are based on current plans, estimates and projections, and therefore too much reliance should not be placed upon them. Such statements are subject to risks and uncertainties, most of which are difficult to predict and generally beyond the Group's control. The Group cautions you that forward-looking statements are not guarantees of future performance and that if these or other risks and uncertainties materialise, or if the assumptions underlying any of these statements prove incorrect, the Group's actual results of operations, financial condition and liquidity and the development of the industry in which the Group operates may materially differ from those made in, or suggested by, the forward-looking statements contained in this document. In addition, even if the Group's results of operations, financial condition and liquidity and the development of the industry in which the Group operates are consistent with the forward-looking statements contained in this document, those results or developments may not be indicative of results or developments in future periods. The Group does not undertake any obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise after the date of this document. Quotation end [2008-03-27]