Agenda of PJSC NCSP Board of Directors Meeting

Press-release

Agenda of PJSC NCSP's Board of Directors Meeting

13 November 2015

Novorossiysk Commercial Sea Port Group (NCSP Group or the Group) (LSE: NCSP, MOEX: NMTP) hereby reports the agenda of PJSC NCSP's Board of Directors meeting to be held 19 November 2015.

1. Approval of the Group's budget for 2016;

2.1. Review of feasibility study's findings and review of the Group's investment program in the framework of progress review on PJSC NCSP's Long-term Development Program and cooperation agreements with the federal port operator company FGUP Rosmorport under the project Reconstruction and Development of Novorossiysk Sea Port;

2.2. Approval of the Development Road-Map for NCSP Group's companies developed in fulfillments of the President of the Russian Federation instruction № Pr-1873 dated 10.09.2015;

3. Review of Group's operating and financial performance for 9 months of 2015;

4.1. PJSC NCSP General Director's report on the completion of construction and commissioning of Arm A of Berth 1 and reconstruction of Berth 1 of the Scheskharis crude terminal;

4.2. Progress report on Scheskharis crude terminal reconstruction project;

5. Approval of KPI Maps and target levels for PJSC NCSP's General Director and top managers for 2015;

6. Status report on settlement of litigation №A32-16280/2015 between PJSC NCSP and FGUP Rosmorport, the Federal Agency for Marine and River Transportation (Rosmorechflot), and the Federal Agency for State Property Management (Rosimuschestvo).

About NCSP Group

NCSP Group is the largest port operator in Russia and the third-largest in Europe, in terms of cargo turnover. NCSP shares are traded on Russia's Moscow Exchange (ticker: NMTP) and on the London Stock Exchange in the form of GDRs (ticker: NCSP). NCSP Group cargo turnover in 2014 totalled 131 million tonnes. Consolidated revenue to IFRS in 2014 totalled USD 956 million and EBITDA was USD 569 million. NCSP Group consolidates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, PJSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, OJSC NCSP Fleet, OJSC NLE, OJSC IPP, CJSC Baltic Stevedore Company, and CJSC SFP.

Contacts

Kristina Senko, Public Relations; [email protected]

Mikhail Shchur, Investor Relations; [email protected]