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Kazakhmys PLC (KAZ)

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Tuesday 03 April, 2007

Kazakhmys PLC

Major Interests In Shares

Kazakhmys PLC
03 April 2007


TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

Kazakhmys plc


2. Reason for the notification (place an X inside the appropriate bracket/s)

An acquisition or disposal of voting rights: ( X )


An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: ( )


An event changing the breakdown of voting rights: ( )


Other (please specify) : ( )

.................


3. Full name of person(s) subject to the notification obligation:

HARPER FINANCE LIMITED


4. Full name of shareholder(s) (if different from 3.) :

.................


5. Date of the transaction (and date on which the threshold is crossed or
reached if different):

2 April 2007


6. Date on which issuer notified:

3 April 2007


7. Threshold(s) that is/are crossed or reached:


9% TO 7% (INCLUSIVE)


8. Notified details:

.................


A: Voting rights attached to shares

Class/type of shares if possible         Situation previous to the
using the ISIN CODE                       Triggering transaction
                                     Number of     Number of voting
                                     shares        Rights
                                     45,601,023    45,601,023

Resulting situation after the triggering transaction

Class/type of shares Number of shares  Number of voting rights    % of voting rights
if possible using
the ISIN CODE
                     Direct            Direct     Indirect        Direct    Indirect
Ordinary shares of   29,706,901        29,706,901 -               6.35%     -
20p

GB00B0HZPV38


B: Financial Instruments

Resulting situation after the triggering transaction

Type of     Expiration Date  Exercise/Conversion Number of voting     % of voting
financial                    Period/ Date        rights that may be   rights
instrument                                       acquired if the
                                                 instrument is
                                                 exercised/
                                                 converted.
-           -                -                   -                    -


Total (A+B)
Number of voting       % of voting
rights                 rights
29,706,901             6.35%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:


HARPER FINANCE LIMITED NOW 100% OWNED BY OLEG NOVACHUK


Proxy Voting:


10. Name of the proxy holder:

.................


11. Number of voting rights proxy holder will cease to hold:

.................


12. Date on which proxy holder will cease to hold voting rights:

.................


13. Additional information:


11,686,855 SHARES TRANSFERRED TO MR RUSLAN YUN

4,207,267 SHARES TRANSFERRED TO MRS GAFURA IBRAYEVA

BOTH TRANSACTIONS PERFORMED TO SETTLE AMOUNTS OWED TO MR YUN AND MRS IBRAYEVA
FOR THE ACQUISITION OF SHARES FROM THEM WHICH TOOK PLACE IN THE FIRST HALF OF
2005.


14. Contact name:

ROBERT WELCH, COMPANY SECRETARY


15. Contact telephone number:

020 7901 7831








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