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Kazakhmys PLC (KAZ)

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Wednesday 24 January, 2007

Kazakhmys PLC

Appointment of Directors

Kazakhmys PLC
24 January 2007

                                                                 24 January 2007


The Board of Kazakhmys PLC has appointed Mr Oleg Novachuk as Chief Executive to
succeed Mr Y K Cha, who stepped down from the post on 31 December 2006. 
Mr Novachuk will take up his new post on 15 March 2007, following completion of 
the 2006 financial year-end closing activities. Mr Matthew Hird, at present
Financial Controller and Company Secretary, will succeed Mr Novachuk as Chief
Financial Officer, on the same date.

Mr Novachuk's responsibilities as Chief Executive will include the day to day
management of the Group and the implementation of the strategy approved by the
board. Mr Hird will be responsible for overseeing the Group's finance and
administrative functions, and for investor relations. Mr Vladimir Kim, as
Executive Chairman, will remain responsible for the strategic direction of the

Mr Novachuk has served as Finance Director of Kazakhmys since 2005. He was
previously Vice-President of financial projects for Kazakhmys LLC. Before
joining the Kazakhmys Group in 2001, he served for three years as Deputy
Chairman then Chairman of JSC Kazprombank, at that time one of the largest
private banks in Kazakhstan.

Mr Hird has served as Financial Controller and Company Secretary of Kazakhmys
since 2005. A qualified Chartered Accountant, he worked with Deloitte and Touche
in London from 1994 to 2003 specialising in the audit of mining enterprises and,
subsequently, served as Group Reporting Manager and Company Secretary of Vedanta
Resources plc from 2003 to 2005. As there are three executive directors already
on the Kazakhmys PLC board, he will not join the board at this stage.

Mr Robert Welch, at present Deputy Company Secretary and previously Assistant
Group Secretary of BPB plc, will succeed Mr Hird as Company Secretary of
Kazakhmys plc.

Mr Vladimir Kim, Executive Chairman of Kazakhmys plc said: "Kazakhmys has a
strong board, which has been recently significantly strengthened with both
non-executives and executives of the highest calibre, as announced in the latter
part of last year. Within the executive team, Oleg Novachuk already has wide
knowledge and experience of our operations and Matthew Hird has a thorough
knowledge of the finance function. David Munro will continue to give us
invaluable help on strategy."

For further information please contact:

Jinsoo Yang, Head of Investor Relations                  Tel: +44 20 7901 7800
Sergei Stephantsov, Deputy Head of Investor Relations
Kazakhmys PLC

Robin Walker                                             Tel: +44 20 7251 3801

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Notes to Editors

The Group's principal business is the mining, processing, smelting, refining and
sale of copper and copper products, including copper cathode and copper rod, and
is carried on by the Company's main subsidiary Kazakhmys Corporation LLC
("Kazakhmys"). The Group's operations are vertically integrated. Kazakhmys
operates 19 open pit and underground mines and two smelting and refining
complexes in the Republic of Kazakhstan. Kazakhmys also owns significant rail
infrastructure in Kazakhstan and MKM, a copper products fabrication company in

                      This information is provided by RNS
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