Issue of Ordinary Shares

23 November 2011

Kazakhmys PLC ("Kazakhmys")

ISSUE OF ORDINARY SHARES

Kazakhmys announces that application has been made for the admission of 177,623 ordinary shares of 20 pence each to be admitted to the Official List of the Financial Services Authority and to trading on the London Stock Exchange's main market for listed securities. It is expected that admission of these shares will commence at 8.00am on 24 November 2011.

The shares have been issued to minority shareholders of Kazakhmys Corporation LLC in the form of a share exchange and cash buyout.

As at today's date, Kazakhmys holds 3,537,168 ordinary shares in treasury and has 531,703,170 ordinary shares in issue (excluding treasury shares).

For further information, please contact:

Robert Welch

Company Secretary

Tel: + 44 (0)20 7901 7831