EURASIAN NATURAL RESOURCES CORPORATION PLC (United Kingdom) establishes ENRC Komek Corporate Foundation

/KASE, May 22, 08/ - EURASIAN NATURAL RESOURCES CORPORATION PLC (London), common stocks of which are traded in the official list of Kazakhstan Stock Exchange (KASE) of category "A", provided KASE with the press release of May 21, 2008 which informs as follows: Quotation start Eurasian Natural Resources Corporation PLC ('ENRC' or, together with its subsidiaries, the 'Group'), the holding company of a leading diversified natural resources group based in Kazakhstan, is pleased to announce the establishment of the ENRC Komek Corporate Foundation (ENRC Komek). ENRC Komek (Komek - Kazakh for "Help") is a non-commercial and charitable organisation which will finance cultural, educational and other social activities in Kazakhstan. Its long-term focus is on the implementation of programmes aimed at supporting its own workforce, such as improvements to housing conditions, professional staff training and education, as well as the programmes aimed at improving the welfare of the general public, such as development of scientific, technical and artistic creativity, protection of public health, supporting children's homes, schools and higher education institutions, as well as environmental protection. The Foundation consists of the General Assembly of Founding Members (which includes all ENRC companies), The Board of Trustees, an Executive Body headed by the Foundation's Director, and an Audit Committee. Mr. Maran Omarov has been appointed as the Foundation's Director by a unanimous decision of the General Assembly of Founding Members. The Board of Trustees, comprising five members, is headed by Mrs. Sigrid Helga Sittard. As the first programme of the Foundation, ENRC plc has signed Memorandums of Cooperation with Aktobe, Kostanai, Karaganda and Pavlodar regions of Kazakhstan and has allocated a total of KZT 3.039 bn (USD 25.3m) for the year 2008 to finance several social projects in these regions which include provision of housing, healthcare, sports and recreational facilities. In Karaganda region most of the funds will be allocated to the provision of housing. In Aktobe region, they will be spent on charitable causes, which will include donations to Alginsk Orphanage, support to less fortunate families, and the construction of churches and mosques in Chromtau and Aktobe. In Kostanai region the contribution will support several sports initiatives, including the development of ice hockey facilities, as well as the construction of housing for 36 families of young specialists. Pavlodar region will receive funds for the development of sports facilities, provision of housing for 120 families in Ekibastuz and Aksu, and for a kindergarden for 320 kids. Commenting on the establishment of the Foundation, Felix Vulis, COO of ENRC plc, said: "We see Corporate Social Responsibility as one of our highest priorities. ENRC strives to act as a good corporate citizen and support its employees and the communities in which it operates. ЕNRC Komek is set to become an effective mechanism for the integrated and efficient implementation of ENRC's socially responsible programmes. It will allow us to expand the scope of the group's leadership role in the area of corporate social responsibility in Kazakhstan and fully contribute to tackling social, cultural, spiritual, and environmental issues in interests of our employees, our communities and Kazakh society as a whole". For further information, please contact: ENRC Mounissa Chodieva +44 (0) 20 7389 1879 M: Communications Julia Kalcheva +44 (0) 20 7153 1517 Quotation end [2008-05-22]