Eurasian Natural Resources Corporation PLC standardises globally on Gemcom Mining Software Solutions

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Nov. 1, 2011) – Gemcom Software International Inc., the largest global supplier of mining software solutions, today announced that Eurasian Natural Resources Corporation PLC (ENRC) will implement Gemcom Surpac™Gemcom GEMS™Gemcom Minex™Gemcom Whittle™ and Gemcom MineSched™ throughout its global operations. ENRC is one of the world’s leading diversified natural resources groups, performing integrated mining, processing, energy, logistics and marketing operations. ENRC’s production assets are largely located in the Republic of Kazakhstan, with other assets in Africa and Brazil.

“We are pleased to be adopting Gemcom software as our new corporate global standard. We’ve had a positive experience working with Gemcom and have been using its software at a number of our operations around the world for several years,” said Patrice L’Huillier, vice president operations, ENRC Kazakhstan. “While we also looked at other mining software vendors as part of our selection process, Gemcom’s global reach, product quality and service offerings were best suited to our needs as a producer of diverse commodities with global operations. With Gemcom, we have the tools and support that will help our mines meet productivity objectives.”

ENRC’s corporate agreement with Gemcom will provide its mining operations with access to the software which best addresses the needs of each type of commodity ENRC mines. It will enable the company to benefit from a wide breadth of software capabilities which span geology, mine planning, optimisation, and scheduling. Gemcom will also be delivering services and training to ENRC, ensuring that its mining teams worldwide realise the software’s full capabilities. As part of software implementations, Gemcom will assist ENRC by identifying and documenting process improvements which will streamline and improve work and data flows.

“In partnering with ENRC, we will provide software and services which will play a key role in unlocking efficiency and profits,” said Andrew Pyne, senior vice president, Gemcom. “Our solutions will help ENRC’s operations improve vital profit drivers such as grade control and scheduling, as well as give the company new tools which will allow its staff to complete work in less time. ENRC will also be able to rely on our support teams around the world, and with a significant number of staff located in Kazakhstan, our new office in Almaty will be working closely with ENRC.”

For more information about Gemcom’s products, visit www.gemcomsoftware.com/products. To view Gemcom’s services offerings, visitwww.gemcomsoftware.com/services.

About Gemcom

When mining companies seek to increase mine productivity, they turn to Gemcom for technology and services. The Company is home to world-renowned mining solutions like GEMS, Surpac, Minex, Whittle, and InSite, and to industry thought leaders who are pushing the boundaries of what’s possible in mining. Established in 1985, Gemcom has a global reach delivering comprehensive solutions in all major mining centres in more than 130 countries. Every major mining company, including BHP Billiton, Codelco, De Beers, Newmont and Vale is a Gemcom client. Through a combination of organic growth and strategic acquisitions, the Company has become the largest global supplier of mining software solutions. For more information, visit www.gemcomsoftware.com.

About ENRC

ENRC is a leading diversified natural resources group, performing integrated mining, processing, energy, logistics and marketing operations. The operations comprise: the mining and processing of chrome, manganese and iron ore; the smelting of ferroalloys; the production of iron ore concentrate and pellet; the mining and processing of bauxite for the extraction of alumina and the production of aluminium; the production of copper and cobalt; coal extraction and electricity generation; and the transportation and sales of the Group’s products. The Group’s production assets are largely located in the Republic of Kazakhstan; other assets, notably the Other Non-ferrous Division, are mainly located in Africa; the Group also has iron ore assets in Brazil. The Group’s entities in H1 2011 employed, on average, 75,050 (2010: 74,098) people. In 2010, the Group accounted for approximately 4% of Kazakhstan’s GDP. The Group currently sells the majority of its products to Russia, China, Japan, Western Europe and the United States. For the six months ending June 30 2011, the Group had revenue of US$4,011 million and profit attributable to equity shareholders of the Group of US$1,182 million. ENRC has six operating Divisions: Ferroalloys, Iron Ore, Alumina and Aluminium, Other Non-ferrous, Energy and Logistics. ENRC is a UK company with its registered office in London. ENRC’s shares are quoted on the London Stock Exchange (LSE) and the Kazakhstan Stock Exchange (KASE). For more information, visit the Group’s website atwww.enrc.com.

Gemcom, the Gemcom logo and combinations thereof, are trademarks of Gemcom Software International Inc. Surpac, GEMS, Minex, Whittle, and MineSched are either registered trademarks or trademarks of Gemcom Software International Inc.