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Kazakhmys PLC (KAZ)

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Monday 18 December, 2006

Kazakhmys PLC

Holding(s) in Company

Kazakhmys PLC
18 December 2006


                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1.  Name of listed company

    Kazakhmys PLC

2.  Name of shareholder having a major interest

    Yong Keu Cha

3.  Please state whether notification indicates that it is regarding the holding
    of the shareholder named in 2 above; in respect of a non beneficial 
    interest; or in the case of an individual holder if it is a holding of that 
    person's spouse or children under the age of 18

    In (2) above

4.  Name of the registered holder(s) and, if more than one holder, the number of
    shares held by each of them

    Perry Partners S.A. - 54,246,982
    (Mr Cha was the sole ultimate beneficial owner of Perry Partners S.A.)

5.  Number of shares / amount of stock acquired

    N/A

6.  Percentage of issued class (any treasury shares held by the listed company
    should not be taken into account when calculating percentage)
 
    N/A

7.  Number of shares / amount of stock disposed

    33,190,668

    (Prior to the disposal, 21,056,314 shares in Kazakhmys PLC held by Perry
    Partners S.A. were transferred to Mellow Fields Limited, an entity of which 
    Yong Keu Cha is the sole ultimate beneficial owner. As a result, this was 
    only an internal reorganisation).

8.  Percentage of issued class (any treasury shares held by the listed company
    should not be taken into account when calculating percentage)

    7.1%

9.  Class of security

    Ordinary shares of 20 pence

10. Date of transaction

    14 December 2006

11. Date listed company informed

    15 December 2006

12. Total holding following this notification

    Mellow Fields Ltd - 21,056,314

    (Mr Cha is the sole ultimate beneficial owner of Mellow Fields Ltd)

13. Total percentage holding of issued class following this notification (any
    treasury shares held by the listed company should not be taken into account 
    when calculating percentage)

    4.5%

14. Any additional information

    N/A

15. Name of contact and telephone number for queries

    Robert Welch, Deputy Company Secretary +44 (0)20 7901 7831

16. Name and signature of duly authorised officer of the listed company
    responsible for making this notification

    Robert Welch, Deputy Company Secretary

Date of notification

18 December 2006

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for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
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