Holding(s) in Company

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i

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

KAZ Minerals PLC

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii:

3. Details of person subject to the notification obligationiv

Name

Vladislav Kim

City and country of registered office (if applicable)

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

Name

BNP Paribas Securities Services

City and country of registered office (if applicable)

London, United Kingdom

Name

JSC Central Securities Depository

City and country of registered office (if applicable)

Almaty, Republic of Kazakhstan

Name

Deutsche Bank (Switzerland) Ltd.

City and country of registered office (if applicable)

Zurich, Switzerland

5. Date on which the threshold was crossed or reachedvi:

10 July 2019

6. Date on which issuer notified (DD/MM/YYYY):

11 July 2019

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

3.94%

471,298,072

Position of previous notification (if

applicable)

4.90%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00BOHZPV38

18 598 919

3.94%

SUBTOTAL 8. A

18 598 919

3.94%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expirationdatex

Exercise/Conversion Periodxi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expirationdatex

Exercise/Conversion Period xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)

X

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Vladislav Kim

3.94%

N/A

3.94%

Navono Limited

3.69%

N/A

3.69%

Lafonda Invest Pte. Ltd.

3.69%

N/A

3.69%

JSC SkyBridge Invest

Less than 3%

N/A

Less than 3%

JSC Central Securities Depository

Less than 3%

N/A

Less than 3%

Vladislav Kim

3.94%

N/A

3.94%

Navono Limited

3.69%

N/A

3.69%

Lafonda Invest Pte. Ltd.

3.69%

N/A

3.69%

Deutsche Bank (Switzerland) Ltd.

Less than 3%

N/A

Less than 3%

Vladislav Kim

3.94%

N/A

3.94%

Berguolla Limited

Less than 3%

N/A

Less than 3%

Enigma Invest Pte. Ltd.

Less than 3%

N/A

Less than 3%

EFG Bank (Monaco).

Less than 3%

N/A

Less than 3%

EFG Bank SA

Less than 3%

N/A

Less than 3%

SIX SIS AG

Less than 3%

N/A

Less than 3%

BNP Paribas Securities Services

Less than 3%

N/A

Less than 3%

Vladislav Kim

3.94%

N/A

3.94%

Berguolla Limited

Less than 3%

N/A

Less than 3%

Enigma Invest Pte. Ltd.

Less than 3%

N/A

Less than 3%

Credit Suisse AG

Less than 3%

N/A

Less than 3%

SIX SIS AG

Less than 3%

N/A

Less than 3%

BNP Paribas Securities Services

Less than 3%

N/A

Less than 3%

Vladislav Kim

3.94%

N/A

3.94%

Algaria Limited

Less than 3%

N/A

Less than 3%

Aratan Capital Pte. Ltd. .

Less than 3%

N/A

Less than 3%

Deutsche Bank (Switzerland) Ltd.

Less than 3%

N/A

Less than 3%

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

Vladislav Kim confirms that, other than the shareholding disclosed, he has no connection with KAZ Minerals PLC or any of its Directors

Place of completion

London, United Kingdom

Date of completion

11 July 2019