Denies Interest In Aurum

KazakhGold Group Ltd
09 July 2007



July 9, 2007



            KAZAKHGOLD DENIES INTEREST IN AIM-QUOTED AURUM MINING


KazakhGold Group Limited (LSE:KZG) states that there is no truth to last week's
rumours in the London market that the Company is building a stake in AIM-quoted
Aurum Mining plc prior to mounting a takeover bid.

Dr Kanat Assaubayev, executive chairman of KazakhGold, said today: 'The rumours
have no foundation whatsoever.

'We are progressing our plans to develop KazakhGold into the largest regional
gold producer in Eastern Europe and the CIS countries and recently completed our
first gold investment outside of KazakhGold with the purchase of the Oxus assets
in Romania.'



Further Information:

Aidar Assaubaev
Kazakhgold Group Limited
Tel: [phone]


Ron Marshman/John Greenhalgh
City of London PR Limited
Tel: [phone]





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