AGM Resolution Announcement

27 June 2017

Petropavlovsk PLC (the "Company")

Annual General Meeting

Resolutions

In accordance with UK Listing Rule 9.6.2 copies of the ordinary resolution number 16 passed at the Annual General Meeting of Petropavlovsk PLC held at 2.30 p.m. on 22 June 2017 to allot ordinary shares has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

This resolution renews the authority of the Directors to allot ordinary shares and is in line with guidance from the Investment Association. This authority will expire at the conclusion of the Annual General Meeting in 2018 or on 30 June 2018, whichever is sooner.

The Directors have no present intention to exercise this authority except to satisfy share awards under the Company's Long-Term Incentive Plan.

Enquiries

Petropavlovsk PLC

Alya Samokhvalova - Group Head of External Communications

Grace Hanratty

+44 (0) 20 7201 8900

Maitland

Neil Bennett

James Isola

+44 (0) 20 7379 5151