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1 November 2005
Head of the State Nursultan Nazarbayev met with the president of Kazakhmys Corporation Vladimir Kim, heads of the international financial institutions, banks and investment and insurance funds.

Mr Kim reported the President on the work to the corporation’s access to the London stock market and further prospects of the company.

Kazakhmys is largest ore mining company with 4, 5 billion dollars of capitalization. We achieved the main thing. We returned the great investment back to Kazakhstan for the construction of Aktogai mining and processing integrated works with capacity of 50 million tones of ore per annum, Kim said at the briefing.

Vice President of “JP Morgan Plus”, Executive Board Member of “Kazakhmys Pls” Mr Robin Renvick handed the President Nursultan Nazarbayev the personal message from the Prime Minister of the Great Britain Tony Blair and noted that they had a very interesting meeting.

“Kazakhmys” is a first company among the CIS countries shares of which had been displayed at London stock exchange. Our company invested much money in “Kazakhmys” and we were very satisfied with its activities. The British Prime Minister welcomes this fact. It was due to the efforts of the Government of Kazakhstan in creating a favorable investment climate in the country, he said.

Chairman and Chief Executive Officer of the Bank “Credit Swiss Group” Osvald Grubel also added that issues on attracting investment to Almaty as a main country’s financial center were discussed during the meeting with the leader of Kazakhstan.

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