OREANDA-NEWS. May 25, 2009. KAZAKHMYS PLC (London), a company listed on Kazakhstan Stock Exchange (KASE), provided KASE with a press release:

Kazakhmys Group informs May 15, 2009 CEO of Kazakhmys David Munroe made a decision to waive without compensation an option on 1,044,613 common shares 20 pence each, provided to him by the Company on April 3, 2009. The option waiver agreement specifies no compensation.

The revised remuneration plan is being prepared. David Munroe is still holds 41,211 shares of the Group.