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Kazakhmys PLC (KAZ)

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Tuesday 08 April, 2008

Kazakhmys PLC

Deadline Request for Offer

Kazakhmys PLC
08 April 2008

                                                                    8 April 2008


On 12 March 2008 Eurasian Natural Resources Corporation PLC ("ENRC") made an
announcement that one of the opportunities at the early stages of being
evaluated by ENRC was a possible combination of its business with that of
Kazakhmys. On 13 March 2008 Kazakhmys announced that no proposal had been
received from ENRC and Kazakhmys confirms today that nothing has been received
since that date.

Accordingly, Kazakhmys has applied to the UK Takeover Panel Executive (the
"Takeover Panel Executive") for a ruling under Rule 2.4(b) of the City Code on
Takeovers and Mergers (the "Takeover Code"). Such a ruling, if made, would set a
deadline by which ENRC must, unless the Takeover Panel Executive consents
otherwise, either announce a firm intention to make an offer for Kazakhmys in
accordance with Rule 2.5 of the Takeover Code or announce that it does not
intend to make an offer for Kazakhmys. If ENRC announces that it does not intend
to make an offer for Kazakhmys, ENRC and any person acting in concert with it
will, except with the consent of the Takeover Panel Executive, be bound by the
restrictions contained in Rule 2.8 of the Takeover Code for six months from the
date of such announcement.

A further announcement will be made as and when appropriate.

For further information please contact:

Kazakhmys PLC
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

David Simonson                                           Tel:+44 20 7653 6620
Tom Randell                                              Tel:+44 20 7653 6620
Leonid Fink                                              Tel:+44 20 7653 6620


- ends -


Under the provisions of Rule 8.3 of the Takeover Code (the "Takeover Code"), if
any person is, or becomes, "interested" (directly or indirectly) in 1% or more
of any class of "relevant securities" of ENRC or of Kazakhmys, all "dealings" in
any "relevant securities" of that company (including by means of an option in
respect of, or a derivative referenced to, any such "relevant securities") must
be publicly disclosed by no later than 3.30 pm (London time) on the London 
business day following the date of the relevant transaction. This requirement 
will continue until the date on which the offer becomes, or is declared, 
unconditional as to acceptances, lapses or is otherwise withdrawn or on which 
the "offer period" otherwise ends. If two or more persons act together pursuant
to an agreement or understanding, whether formal or informal, to acquire an 
"interest"in "relevant securities" of ENRC or of Kazakhmys, they will be 
deemed to be a single person for the purpose of Rule

Under the provisions of Rule 8.1 of the Takeover Code, all "dealings" in
"relevant securities" of ENRC or of Kazakhmys by ENRC or Kazakhmys, or by any of
their respective "associates", must be disclosed by no later than 12.00 noon
(London time) on the London business day following the date of the relevant

A disclosure table, giving details of the companies in whose "relevant
securities" "dealings" should be disclosed, and the number of such securities in
issue, can be found on the Takeover Panel's website at

"Interests in securities" arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of 
securities. In particular, a person will be treated as having an "interest" 
by virtue of the ownership or control of securities, or by
virtue of any option in respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Takeover Code, which can also be
found on the Panel's website. If you are in any doubt as to whether or not you
are required to disclose a "dealing" under Rule 8, you should consult the Panel.

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, 10 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.

                      This information is provided by RNS
            The company news service from the London Stock Exchange