Directorate Change

13 August 2010

Eurasian Natural Resources Corporation PLC

Directorate Change

London - Eurasian Natural Resources Corporation PLC ('ENRC' or 'the Group') announces the appointment of Jim Cochrane to the Board as an Executive Director of the Group with effect from 13 August 2010.

In addition the Group is pleased to announce Jim Cochrane's appointment as Chief Commercial Officer for the Group. Jim will remain Head of Sales and Marketing and will now assume responsibility for the Logistics Division.

A mining engineer with 22 years experience in the industry, Jim joined the Group in February 2001 with responsibility for ferroalloy sales. In 2007 he was appointed Head of the Sales & Marketing function. Prior to ENRC he worked for 12 years with Billiton/Gencor, of which 6 years were underground with Impala Platinum.

Commenting, Dr Johannes Sittard, Chairman of ENRC, said: "I am very pleased to welcome Jim to the Board and congratulate him on his appointment as Chief Commercial Officer. Jim's knowledge of the industry, combined with his great service to the Group and contribution to its success as a public company, means the valuable addition of operational experience to the Board."

Jim is currently a Non-executive Director of JSL Stainless Ltd. He is also a Director of Central African Mining & Exploration Company plc, acquired by ENRC in November 2009, which was listed on the United Kingdom's Alternative Investment Market ('AIM') until 8 December 2009.

The above disclosure is made pursuant to paragraph 9.6.14R of the Listing Rules of the UK Listing Authority ('UKLA'). There are no other disclosures to be made pursuant to paragraph 9.6.13R (1) - (6) of the Listing Rules.

- ENDS -

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About ENRC

ENRC is a leading diversified natural resources group, performing integrated mining, processing, energy, logistics and marketing operations. The operations of the Group comprise: the mining and processing of chrome, manganese and iron ore; the smelting of ferroalloys; the production of iron ore pellets; the mining and processing of bauxite for the extraction of alumina and the production of aluminium; coal extraction and electricity generation; the transportation and sales of the Group's products; and, the production of copper and cobalt. ENRC's production assets are largely located in the Republic of Kazakhstan; other assets, notably the Other Non-ferrous Division, are mainly located in Africa. In 2009, the Group accounted for approximately 3% of Kazakhstan's GDP. The Group currently sells the majority of its products to Russia, China, Japan, Western Europe and the United States. The Group's entities in 2009 employed approximately 70,300 (2008: 67,600) people. For the year ended 31 December 2009, the Group had revenue of US$3,831 million (2008: US$6,823 million) and profit attributable to equity shareholders of US$1,045 million (2008: US$2,642 million). ENRC has six key Divisions: Ferroalloys, Iron Ore, Alumina and Aluminium, Other Non-ferrous, Energy and Logistics. ENRC is a UK company with its registered office in London. ENRC's shares are quoted on the London Stock Exchange ('LSE') and the Kazakhstan Stock Exchange ('KASE').

Forward-looking statement

This announcement includes statements that are, or may be deemed to be, 'forward-looking statements'. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms 'believes', 'estimates', 'plans', 'projects', 'anticipates', 'expects', 'intends', 'may', 'will', or 'should' or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements include matters that are not historical facts or are statements regarding the Group's intentions, beliefs or current expectations concerning, among other things, the Group's results of operations, financial condition, liquidity, prospects, growth, strategies, and the industries in which the Group operates. Forward-looking statements are based on current plans, estimates and projections, and therefore too much reliance should not be placed upon them. Such statements are subject to risks and uncertainties, most of which are difficult to predict and generally beyond the Group's control. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances. The Group cautions you that forward-looking statements are not guarantees of future performance and that if risks and uncertainties materialise, or if the assumptions underlying any of these statements prove incorrect, the Group's actual results of operations, financial condition and liquidity and the development of the industry in which the Group operates may materially differ from those made in, or suggested by, the forward-looking statements contained in this announcement. In addition, even if the Group's results of operations, financial condition and liquidity and the development of the industry in which the Group operates are consistent with the forward-looking statements contained in this announcement, those results or developments may not be indicative of results or developments in future periods. A number of factors could cause results and developments to differ materially from those expressed or implied by the forward-looking statements including, without limitation, general economic and business conditions, industry trends, competition, commodity prices, changes in regulation, currency fluctuations, changes in business strategy, political and economic uncertainty. Subject to the requirements of the Prospectus Rules, the Disclosure and Transparency Rules and the Listing Rules or any applicable law or regulation, the Group expressly disclaims any obligation or undertaking publicly to review or confirm analysts' expectations or estimates or to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any changes in the Group's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.