Kazakhstan Kagazy PLC / Holding(s) in Company*
12.07.2012 19:47

Dissemination of a UK Regulatory Announcement, transmitted by EquityStory.RS, LLC - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.

---

July 12, 2012

Kazakhstan Kagazy announces that Phoenicia Capital LLC, a New York based value investing fund, has increased its shareholding in the Group to 27.5%  
Tomas Mateos Werner, Chairman of Kazakhstan Kagazy comments:  
'I am very pleased to welcome John not only as a valuable board member but now as a major shareholder. I am looking forward to working more closely with John. His extensive investment and operational experience will be of great value to the Group. John's arrival is the beginning of another exciting chapter in the development of Kazakhstan Kagazy as a leading industrial company in Central Asia.'
John G. Khabbaz, Managing Director of Phoenicia Capital LLC comments:  
'I am delighted to announce our increased shareholding in Kazakhstan Kagazy. Kazakhstan Kagazy fits well into our investment philosophy: we are long-term investors in businesses we understand, managed by people we respect. We view ourselves as their partners. Our only goal is to increase our net worth as the companies we are invested in maximize their long-term per-share business value, and to enjoy the process.
 
We look forward to a long and profitable partnership with Kazakhstan Kagazy.'  

For additional information, please visit www.kazakhstankagazy.com or contact:
Sadyr Shaguzhaev
IR department
Tel.: +7-727-341-0200



12.07.2012 EquityStory.RS, LLC's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

---

 
Language:           English
Company:            Kazakhstan Kagazy PLC
                    33-37 Athol Street
                    IM1 1LB Douglas
                    Isle of Man
Phone:              +7-727-244-87-87
Fax:                +7-727-244-87-82
E-mail:             ir@kagazy.kz
Internet:           www.kazakhstankagazy.com
ISIN:               US48667M2035
Listed:             London
Category Code:      HOL
LSE Ticker:         KAG
Sequence Number:    1125
Time of Receipt:    Jul 12, 2012 19:47:33
 
End of Announcement EquityStory.RS, LLC News-Service  

---