NCSP Board of Directors Meeting Agenda

press-release

NCSP Board of Directors Meeting Agenda

29 October 2013

PJSC Novorossiysk Commercial Sea Port (PJSC NCSP) (LSE: NCSP, Moscow Exchange: NMTP) announces that its Board of Directors shall hold a meeting on 7 November 2013 to adopt resolutions on the following agenda items:

1. On the Sheskharis oil terminal reconstruction project.

2. On preparation of an Extraordinary General Meeting of shareholders of PJSC NCSP to approve an interested party transaction.

3. On approval of employee bonuses as part of the previously approved PJSC NCSP budget, and approval of employee KPIs for 2013.

4. On approval of a consultancy agreement with RosExpert effective from 01.10.2013.

5. On budget changes.

6. On PJSC NCSP Group development prospects through 2018.

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). 50.1% shares of PJSC "NCSP" belong to Novoport Holding Ltd, the beneficial owners of which are OJSC "Transneft" and Summa Group. NCSP Group cargo turnover in 2012 totalled 159 million tonnes. Consolidated revenue according to IFRS in 2012 totalled USD 1,034 million and EBITDA was USD 591.5 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]