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Kazakhmys PLC (KAZ)

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Tuesday 25 March, 2008

Kazakhmys PLC

Re Government Statement

Kazakhmys PLC
25 March 2008



                                                                   25 March 2008


                                 KAZAKHMYS PLC

                        RESPONSE TO GOVERNMENT STATEMENT

Kazakhmys PLC (the "Company" or "Kazakhmys") welcomes the recent publication of
a statement by the Government of Kazakhstan (the "Government") that it wishes to
acquire a minority interest of up to 15% in Kazakhmys. The Company confirms that
it has been in preliminary discussions with the Government on a variety of 
options including the potential for the Company to acquire natural resource
assets  in Kazakhstan in exchange for the Government acquiring a minority stake
in Kazakhmys.  Should these discussions lead to an agreement being reached then
a further  announcement will be made and, as appropriate, Kazakhmys shareholder
approval  will be sought.


For further information please contact:

----------------------------                             -------------------
John Smelt, Head of Corporate Communications           Tel:+44 20 7901 7882
                                                       Tel: +44 787 964 2675
Olga Nekrassova, Financial Analyst                     Tel: +44 20 7901 7814
----------------------------                             -------------------
Kazakhmys PLC
----------------------------                             -------------------
David Simonson                                         Tel:+44 20 7653 6620
Tom Randell                                            Tel:+44 20 7653 6620
Anastasia Ivanova (Russian language)                   Tel:+44 20 7653 6620
Leonid Fink  (Russian language)                        Tel:+44 20 7653 6620
----------------------------                             -------------------
Merlin
----------------------------                             -------------------


- ends -


Notes to Editors

Kazakhmys PLC is the largest copper producer in Kazakhstan and one of the
leading copper producers in the world.  Kazakhmys is a fully integrated copper
producer from mining ore through to the production of finished copper cathode
and rod.  The Group produces significant volumes of other metals as by-products,
including zinc, silver and gold.  Existing operations include 20 open pit and
underground mines, 9 concentrators, two copper smelting and refining complexes,
a copper rod plant, a zinc plant and a precious metals refinery.  Production is
backed by a captive power supply and significant rail infrastructure.  Kazakhmys
also owns MKM, a copper products fabrication company in Germany, and has Gold
and Petroleum Divisions with assets in Kazakhstan and other parts of Central
Asia. The Group's strategic aim is to diversify and participate in the
development of the significant natural resource opportunities in Central Asia.






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