NCSP Board of Directors Revised Meeting Agenda

press-release

NCSP Board of Directors Revised Meeting Agenda

20.03.2013

PJSC Novorossiysk Commercial Sea Port ("NCSP" or the "Company") (LSE: NCSP, Moscow Exchange: NMTP) hereby announces that its Board of Directors held a meeting on 19 March 2013, with the following revised items on the agenda:

1. Election of the Chairman of the Board of Directors;

2. Reconstruction of the Sheskharis oil terminal;

3. Suspension of the powers of General Director (CEO) and appointment of Acting General Director (Acting CEO);

4. On calling an Extraordinary General Meeting of Shareholders;

5. Approval of the candidate for the position Executive Director;

6. Amending the composition of NCSP's Executive Board.

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 the Moscow Exchange (ticker: NMTP) and on the London Stock Exchange in the form of GDRs (ticker: NCSP). Novoport Holding Ltd, the beneficial owners of which are Transneft JSC and Summa Group, holds 50.1% shares of PJSC NCSP. NCSP Group's cargo turnover in 2012 totalled 159 million tonnes. Consolidated revenue according to IFRS totalled $1,050 million and EBITDA was $550 million, in 2011. 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]