ENRC.L Regulatory News (ENRC)

25 October 2013

Eurasian Natural Resources Corporation PLC

Board Changes

London - Eurasian Natural Resources Corporation PLC ('ENRC') announces the resignation, with immediate effect, of the following Non-Executive Directors of ENRC: Mr. Gerhard Ammann, Mr. Richard Burrows, Dr. Mohsen Khalil, Mr. Roderick Thomson, and Mr. Terence Wilkinson.

As outlined in the Circular to ENRC shareholders dated 14 August 2013, it was the intention of all the members of the Independent Committee of ENRC to resign as ENRC Directors upon the Offer for the Company becoming wholly unconditional in all respects and subsequently closing. The Offer was declared unconditional in all respects this morning by Eurasian Resources Group B.V.

-ENDS-

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About ENRC

ENRC is a leading diversified natural resources group, performing integrated mining, processing, energy, logistics and marketing operations. The operations comprise: the mining and processing of chrome, manganese and iron ore; the smelting of ferroalloys; the production of iron ore concentrate and pellet; the mining and processing of bauxite for the extraction of alumina and the production of aluminium; the production of copper and cobalt; coal extraction and electricity generation; and the transportation and sales of the Group's products. The Group's production assets are largely located in the Republic of Kazakhstan; other assets, notably the Other Non-ferrous Division, are mainly located in Africa; the Group also has iron ore assets in Brazil. In 2012 the Group's entities employed on average 78,484 (2011: 77,441) people. The Group currently sells the majority of its products to Russia, China, Japan, Western Europe and the United States. For the twelve months ended December 31 2012, the Group had revenue of US$6,320 million (2011: US$7,705 million) and profit attributable to equity holders of the Company of US$(804) million (2011: US$1,974 million). ENRC has six operating Divisions: Ferroalloys, Iron Ore, Alumina and Aluminium, Other Non-ferrous, Energy and Logistics. ENRC is a UK company with its registered office in London. ENRC's shares are quoted on the London Stock Exchange ('LSE') and the Kazakhstan Stock Exchange ('KASE'). For more information on ENRC visit the Group's website at www.enrc.com.