Update on the ENRC takeover offer

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO ANY RESTRICTED JURISDICTIONS OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

FOR IMMEDIATE RELEASE

11 November 2013

Kazakhmys PLC ("Kazakhmys" or the "Company")

UPDATE ON THE ENRC TAKEOVER OFFER AND SHARE REPURCHASE

Following settlement of consideration under the ENRC Takeover Offer, Kazakhmys announces that on 8 November 2013 it received U.S.$887,285,879 cash and 77,041,147 Kazakhmys Shares from Eurasian Resources. The 77,041,147 Kazakhmys Shares were repurchased from Eurasian Resources for £206,516,265 in aggregate which was settled by way of net settlement pursuant to the terms of the Share Repurchase Agreement. The repurchased shares will be cancelled and none will be held as treasury shares.

Following the above purchase, Kazakhmys has 458,379,033 ordinary shares in issue. Kazakhmys holds 11,701,830 ordinary shares in treasury and the issued share capital of Kazakhmys which carries voting rights of one vote per share comprises 446,677,203 ordinary shares (excluding treasury shares).

The above figure of 446,677,203 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Kazakhmys under the Disclosure and Transparency Rules.

Capitalised terms used in this announcement but not otherwise defined herein shall have the same meanings given in the Kazakhmys prospectus dated 7 August 2013.

For further information please contact:

KazakhmysJohn Smelt Corporate Communications Tel: + 44 (0)20 7901 7882Robert Welch Company Secretary Tel: + 44 (0)20 7901 7831

College HillDavid Simonson Tel: + 44 (0)20 7457 2031Anca Spiridon Tel: + 44 (0)20 7457 2842

REGISTERED OFFICE6th Floor, Cardinal Place, 100 Victoria Street, London SW1E 5JL, United Kingdom.

This announcement is not intended to, and does not constitute, or form part of, an offer to sell, purchase or exchange or the solicitation of an offer to sell, purchase or exchange any securities or the solicitation of any vote or approval in any jurisdiction pursuant to the ENRC Takeover Offer or otherwise. The ENRC Takeover Offer has been made solely by means of an Eurasian Resources Offer Document and the forms of acceptance accompanying the Eurasian Resources Offer Document, which contain the full terms and conditions of the ENRC Takeover Offer, including details of how the ENRC Takeover Offer may be accepted. This announcement does not constitute a prospectus or a prospectus equivalent document and Kazakhmys Shares are not being offered to the public by means of this announcement.