1 Million Ounce Target

KazakhGold Group Ltd
05 November 2007



November 5, 2007


                          KazakhGold Outlines Growth Strategy

                                To Meet 1 Million Ounce

                             Gold Production Target By 2011


KazakhGold Group Limited (LSE: KZG) today announces a five year growth strategy
to meet its one million ounce gold production target by 2011.


Kanat Assaubayev, Executive Chairman of KazakhGold, outlined the three key areas
of focus; growing the reserve base through exploration and the reclassification
of the Company's vast FSU reserves and resources into JORC, increasing
exploitation of ore reserves through new mines and modernisation of mining
methods and the optimisation of processing technologies.


This strategy will be underpinned by the recent strengthening of the senior
management team which combines international best practice experience with
strong local knowledge.


Further Information:



Aidar Assaubayev                             Sanzhar Assaubayev

Executive Vice Chairman                      General Manager, London Office

KazakhGold Group Limited                     KazakhGold Group Limited

Tel:  [phone]                    Tel:  [phone]


Ron Marshman/John Greenhalgh

City of London PR Limited

Tel:  [phone]



Note to Editors:

Please visit www.kazakhgold.com to view the Company's most recent investor
presentation for more details.


                      This information is provided by RNS
            The company news service from the London Stock Exchange