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94DU Places Tr 34

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Places Tr 34 LSE:94DU London Medium Term Loan
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Press release 1Q 2011 results (9129G)

19/05/2011 10:15am

UK Regulatory


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RNS Number : 9129G

JSC National Atomic Co. Kazatomprom

19 May 2011

Almaty

PRESS RELEASE

on activity results of NAC Kazatomprom JSC

for the I(st) quarter of 2011

In the first quarter of 2011 uranium production volume of the Republic of Kazakhstan made up 4,443.7 tU (which is 9% more in comparison with the same period of the previous year).

Production volume of NAC Kazatomprom JSC reached 2,543.4 tU, what 100% corresponds with the stated plan.

According to the preliminary estimates, in the first quarter of 2011 consolidated net income of NAC Kazatomprom JSC, made up KZT 13,695.2 mln., what is two times more than in the corresponding period of 2010. Such income growth was conditioned by uranium production sales volume increase and sharp rise in spot prices in the beginning of the year.

In the first quarter of 2011 MAEK-Kazatomprom LLP produced 1,249 mln. kW*hour of electric power, 1,032 ths. Gcal of heat energy, 268 mln. m(3) of water, which is 6%, 1% and 13% more, correspondingly, in comparison with the same period of the previous year.

NAC Kazatomprom JSC is the national operator of the Republic of Kazakhstan for export of uranium and its compounds, rare metals, nuclear fuel for nuclear power plants, special purpose equipment, technologies and double-use materials. The main activities of the company are: geological exploration, uranium production, manufacture of nuclear fuel cycle products, reactor construction, nuclear power plants, production of construction materials, the electric energy sector, scientific support of production and social welfare and training of personnel. Today Kazatomprom has more than 23,000 employees and is amongst the leading uranium production companies in the world.

www.kazatomprom.kz

Contact details for investors (Eurobonds):

Meirzhan Yussupov

Head of Treasury

el:. +7 /727/ 258 39 05

el../Fax: +7 /727/ 250 35 41

e-mail: myussupov@kazatomprom.kz

Meruyert Bekturganova

Treasury

el:. +7 /727/ 258 39 05

el../Fax: +7 /727/ 250 35 41

e-mail: mbekturganova@kazatomprom.kz

This information is provided by RNS

The company news service from the London Stock Exchange

END

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