DJ Poland Unlikely To Sell More Shares In KGHM In 2010 -Official

WARSAW (Dow Jones)--The Polish Treasury is unlikely to sell further stakes in copper miner KGHM Polska Miedz (KGH.WA) this year, a deputy treasury minister said Wednesday.

"I don't suspect there's a strategy for us to bid farewell to KGHM," Jan Bury said on news channel TVN CNBC. "It's an important company for the Treasury and I think the government is convinced it is a good policy to keep a controlling stake in KGHM."

Earlier in January the Treasury unloaded a 10% stake in KGHM, in line with its plans announced in 2009. Following the transaction, the Treasury is the single largest shareholder in KGHM, with a 31.79% stake.

Company Web site: www.kghm.pl

-By Marcin Sobczyk, Dow Jones Newswires; +4822 447-2432; marcin.sobczyk@dowjones.com

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(END) Dow Jones Newswires

January 27, 2010 03:50 ET (08:50 GMT)

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