BRIEF-Kazakhmys says uncertain markets make ENRC share sale tough

LONDON Thu Aug 23, 2012 3:07am EDT

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LONDON Aug 23 (Reuters) - Kazakhmys PLC : * Has identified $150 million of cost savings, should see impact from mid-2013 * CEO says search for chairman has begun and expects to make announcement by Q2

2013 * CEO says philip Aiken may be one of candidates for chairman position, but no

decision made * CEO says still constantly assessing options to resolve stake in ENRC

low share prices make sale tough * Says sale is only one option available for stake in ENRC