Material Information Disclosure

Material Information Disclosure

21.01.2016

Novorossiysk Commercial Sea Port Group (NCSP Group or the Group) (LSE: NCSP, Moscow Exchange: NMTP) hereby reports,

That as of 31 December 2015 the PJSC NCSP and its subsidiary companies have cash deposited at Vneshprombank Ltd bank.

As of 31.12.2015 the total amount of Group's deposits at Vneshprobank in ruble terms comprised 18 684 886 thousand rubles, which is equivalent to 256 369 thousand US dollars at the Russian Central bank's rate as of 31.12.2015.

The Central Bank of Russia introduced temporary administration at Vneshprombank by the order dated 18 December 2015.

The Central Bank has imposed a three month moratorium on fulfillment of Vneshprombank's creditors' claims since 22 December 2015.

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 2013 totalled USD 928 million and EBITDA was USD 510 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]