Board changes

KazakhGold Group Ltd
08 June 2007




8 June 2007



               KAZAKHGOLD ANNOUNCES CHANGES TO BOARD OF DIRECTORS


KazakhGold Group Limited (LSE: KZG) today announces the following changes to its
Board:

•   William (Bill) James Trew has agreed to join the Board as a Non-Executive 
    Director. Bill Trew has over 25 years' experience in the engineering and 
    mining industry, most recently gained at the AIM listed Central Asian mining
    company, Oxus Gold Plc where he is Chief Executive Officer, a role which he 
    has held since November 2002. Mr Trew began his career in 1980 with Gold 
    Fields of South Africa. He has been an engineer for various companies such
    as Chamber of Mines Research Organisation, Dorbyl Heavy Engineering, and 
    E.L. Bateman Limited. He has been project manager for various mine projects
    across Southern Africa. In 1990, Mr Trew founded MAED, and currently acts 
    as its Non-executive Chairman. He has been involved as project manager in 
    many of the company's major projects, including the Yatela Heap Leach 
    project and the Syama Gold Mine project, both in Mali, West Africa. He holds
    a B.Eng. (Mech.) Hon. from the University of Wales Institute Science and 
    Technology, an M.Eng. from Rand Afrikaans University, Johannesburg and he 
    is a registered professional Engineer with the Engineering Council of 
    South Africa.

•   Darryl Norton, who joined the Board in March 2007 as an Executive Director 
    and Joint Managing Director, has been appointed as Chief Operating Officer 
    of KazakhGold, based at the company's principal mine sites at Bestobe,
    Aksu and Zholymbet. He remains an Executive Director.

•   Sanzhar Assaubayev is appointed to the Executive Board of KazakhGold and 
    will assume responsibility of the London representative office with
    immediate effect. Sanzhar Assaubayev held the position as a Director of
    International Affairs for JSC 'MMC Kazakhaltyn' before joining the Board of
    KazakhGold Group Ltd.

•   Lord Daresbury has stepped down from his position as a Non-executive
    Director.

•   The company is also in the advanced stages of negotiations with two
    additional individuals concerning their possible appointment as 
    Non-executive members of the Board.  Both these individuals have extensive 
    experience of working with Western mining companies operating in the CIS 
    and Central Asia. The company expects to be in the position to finalise 
    the negotiations and announce these appointments in the near future.


Executive Chairman, Kanat Assaubayev, commented on the developments:

'Peter Daresbury's stewardship over the last two years has proved invaluable to
KazakhGold. His guidance has contributed greatly to the strides we have taken
towards our goal of becoming Central Asia's leading gold producer.

As we have grown since our IPO, we have become increasingly aware of the need to
compliment our Executive and Non-executive Board of Directors with Western
specialists with extensive hands-on experience in the mining industry to help
guide our progress and future development and improve the perception of
KazakhGold in the international equity capital markets. We believe that the
appointment of Bill Trew coupled with the other imminent appointments will help
us go a considerable way towards achieving this.

Following our last announcements on the acquisition of certain assets from Oxus
Gold and restructuring of our management team, a wholesale review of our
operations has commenced under our new COO, Darryl Norton, and we look forward
to communicating our findings and developments to the market in due course.'



Further Information:


Aidar Assaubayev
KazakhGold
Tel:  [phone]


Sanzhar Assaubayev
KazakhGold
Tel:  [phone]




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