17th Nov 2006 12:51
Kazakhmys PLC17 November 2006 17 November 2006 Successful Listing on the Kazakh Stock Exchange ("KASE") Kazakhmys PLC (the "Company") is pleased to announce that it successfullycompleted its application to Kazakhstan's listing authorities for the Company'sOrdinary Shares (the "Shares") to be listed and admitted to trading on the KASE("Admission"). The start of dealings in the Shares on the KASE is expected to beon or around Monday, 27 November 2006. Admission was preceded by a short, successful bookbuilding exercise inKazakhstan, in which 9,350,000 Shares (equivalent to circa 2% of the Company)were successfully placed by the Company's current Chief Executive, Mr YK Cha, inline with earlier statements by the Company. Mr Vladimir Kim, Executive Chairman of Kazakhmys said: "We are pleased thatKazakhmys is listed on the Kazakh Stock Exchange, fulfilling an objectivedeclared at the time of our IPO. We expect Kazakhmys' listing will make ameaningful contribution to the development of Kazakhstan's capital markets." JPMorgan Cazenove Limited is advising Kazakhmys in connection with the Kazakhlisting. Turan Alem Securities is acting as listing agent, market maker andbookrunner for the Kazakh Placing. For further information please contact: Jinsoo Yang, Head of Investor Relations Tel: +44 20 7901 7800Sergei Stephantsov, Deputy Head ofInvestor RelationsKazakhmys PLC Robin Walker Tel: +44 20 7251 3801Andrew MitchellZoe WattFinsbury Notes to Editors Kazakhmys PLC's principal business is the mining, processing, smelting, refiningand sale of copper and copper products, including copper cathode and copper rod,which is carried on by the Group's main subsidiary LLC Kazakhmys Corporation.The Group is one of the largest producers of copper cathode and mined copper inthe world. The Group's operations are vertically integrated. Kazakhmys operates19 open pit and underground mines and two smelting and refining complexes in theRepublic of Kazakhstan. Kazakhmys also owns significant rail infrastructure inKazakhstan and MKM, a copper products fabrication company in Germany. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
KAZ.L