OREANDA-NEWS. On 31 July 2008 Kazakhmys released notification of major interests in shares.

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

Kazakhmys PLC

2. Reason for the notification (Yes/No)

An acquisition or disposal of voting rights: (No)

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (No)

An event changing the breakdown of voting rights: (No)

Other  (please specify): Disclosure following a change in total voting rights

3. Full name of person(s) subject to the notification obligation:

Harper Finance Limited

4. Full name of shareholder(s)

(if different from 3):

Greenwood Nominees Limited A/C 280113PG

Greenwood Nominees Limited A/C 280113

5. Date of transaction (and date on which the threshold is crossed or reached if different):

24 July 2008

6. Date on which issuer notified:

25 July 2008

7. Threshold(s) that is/are crossed or reached:

6% to 5%

8. Notified details:

    A: Voting rights attached to shares

    Class/type of share (if possible using the ISIN CODE):

    GB00B0HZPV38

    Situation previous to the triggering transaction

    Number of shares: 29,706,901

    Number of voting rights: 29,706,901

    Resulting situation after the triggering transaction

    Number of shares: 29,706,901

    Number of voting rights (direct): 29,706,901

    Number of voting rights (indirect): Nil

    % of voting rights (direct): 5.55%

    % of voting rights (indirect): Nil

    B: Financial Instruments

    Resulting situation after the triggering transaction

    Type of financial instrument: N/A

    Expiration date: N/A

    Exercise/conversion period/date: N/A

    Number of voting rights that may be acquired (if the instrument exercised/converted): N/A

    % of voting rights: N/A

    Total (A+B)

    Number of voting rights: 29,706,901

    % of voting rights: 5.55%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Harper Finance Limited is 100% owned by Oleg Novachuk

Proxy Voting:

10. Name of proxy holder:

   N/A

11. Number of voting rights proxy holder will cease to hold:

  N/A

12. Date on which proxy holder will cease to hold voting rights:

  N/A

13. Additional information:

      Disclosure following a change in total voting rights

14. Contact name:

  Stephen Hodges, Deputy Company Secretary

15. Contact telephone number:

  020 7901 7832