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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

    Vladimir Kim


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

    Cuprum Holdings B.V. - 135,944,325
    (Mr Kim holds a 100% interest in Cuprum Holdings S.A.)

    Harper Finance Ltd - 101,470,900
    (Mr Kim holds a 50% interest in Harper Finance Ltd)

    Vladimir Kim - 6,175


5.  Number of shares / amount of stock acquired

    33,190,668 shares held in the name of Perry Partners S.A.
    (Mr Cha, Chief Executive of Kazakhmys PLC, sold an interest of approximately
    7.1% of Kazakhmys PLC to Mr Kim through the sale of the entire capital of 
    Perry Partners S.A. to Mr Kim (through the Parow Trust)).


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

    7.1


7.  Number of shares / amount of stock disposed

    11,686,855

    (Mr Kim acquired directly 2.5% of Kazakhmys PLC from Perry Partners S.A. 
    (which resulted in no change in holding) prior to immediately selling the 
    acquired 2.5%).


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

    2.5%


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

    Cuprum Holdings B.V. - 135,944,325
    (Mr Kim owns 100% of Cuprum Holdings B.V.)

    Harper Finance Ltd - 101,470,900
    (Mr Kim owns 50% of Harper Finance Ltd)

    Perry Partners S.A. - 21,503,813
    (Mr Kim owns 100% of Perry Partners S.A.)

    Vladimir Kim - 6,175


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)

    44.5%


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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