Changes in the Board of Directors of Mining-smelting concern Kazakhaltyn (Kazakhstan)

/KASE, February 21, 05/ - Minning-smelting concern Kazakhaltyn JSC (Akmola oblast, Stepnogorsk, the Company) with bonds circulating under official "A" listing category of Kazakhstan Stock Exchange (KASE), presented KASE a copy of minutes of shareholders meeting that took place on February 16, 2005. In Accordance with agenda of the meeting shareholders enacted following decisions (direct quotations from the document follow): 1. "exonerate Tulekov M.T., Zhanbosynov T.B. and Tcherezova T.V." 2. "elect members of the board of Directors of the company as following: - The Chairman of the Board of Directors - Kozhagapanov Toktarkhan Zhumanovich; - Deputy Chariment of the board - Asaubayeva Marusya Maralovna; - Member of the Board of Directors - Asaubayev Kanat Shaikhanovich" 3. "Define the term of office of the Board of Directors of the Company as till February 16, 2006." 4. "Task the Management of the Company to inform Kazakhstan Stock Exchange about the Change in the Board of Directors of the company not later than 3 days after holding the meeting" Company's primary activities - exploration and prospecting works, extraction and processing of gold-containing ore, production of gold-containing goods, manufacture, storage and sale of gold and other precious metals, export of gold and other precious metals and precious stones, jewelry production, operations with refined precious metals and precious stones in physical condition, transportation, organization of scientific and project-survey works and experimental developments. [2005-02-21]