NCSP AGM Date and Dividend Recommendation

Press release

NCSP AGM Date and Dividend Recommendation

28 April 2014

NCSP Group(LSE: NSCP; MICEX: NMTP) hereby announces that on April 25, 2014 PJSC NCSP's Board of Directors approved the decision to hold PJSC NCSP's Annual General Meeting of Shareholders on 27 June 2014 at 12:00 p.m. at the Morskoy Culture Center, at 9 Naberezhnaya Admirala Serebryakova, Novorossiysk.

The record date for registering shareholders eligible to participate in the Annual General Meeting of Shareholders was determined as 7 May 2014.

The agenda of the Annual General Meeting of Shareholders was approved: 

- approval of the Company's Annual Report (unconsolidated);

- approval of the Annual financial accounts (unconsolidated) including the Company's profit and loss statements (profit-and-loss accounts);

- approval of distribution of Company's profit for 2013 (unconsolidated);

- approval of the amount and terms of dividend payment for 2013;

- election of the Board of Directors (supervisory board);

- election of the Audit commission;

- approval of the Auditor;

- changes and amendments to the charter of PJSC NCSP;

- approval of the new edition of the Regulations on the Board of Directors;

- approval of the new edition of the Regulations on the General meeting of shareholders;

- remuneration to members of the Board of Directors and Audit commission, with the exception of those who hold positions in civil service.

The Board of Directors made the recommendation to the AGM approve the dividend for 2013 in the amount of 449 986 327 rubles at the rate of 0.023364 rubles per share.

The record date for registering shareholders eligible to receive dividend for 2013 was determined as 9 July 2014.

Dividend to nominal shareholders and professional securities market dealers and custodians shall be paid from 9 July to 22 July 2014.

Dividends to other registered shareholders shall be paid from 9 July to 12 August 2014.

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 2013 totalled 141 million tonnes. Consolidated revenue according 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]