KazakhGold has received approvals required in the Republic of Kazakhstan

KazakhGold Group Limited (“KazakhGold”) has received approvals required in the Republic of Kazakhstan for the proposed combination between KazakhGold and OJSC Polyus Gold

KazakhGold has received the approval from the Ministry of Industry and New Technologies of the Republic of Kazakhstan (“MINT”) for the proposed combination between KazakhGold and OJSC Polyus Gold. MINT has also granted its approval for the sale by KazakhGold’s subsidiary, Romanshorn LC AG, of 100% of the shares in Kazakhaltyn MMC JSC to Altyngroup Holdings K.F.T., an acquisition vehicle of AltynGroup.