NCSP Group Guidance on 2013 Cargo Turnover

PRESS RELEASE

NCSP Group Guidance on 2013 Cargo Turnover

18.02.2013

Novorossiysk Commercial Sea Port Group ("NCSP Group" or "the Group") (LSE: NCSP, Moscow Exchange: NMTP) on 17 February 2013 held an event for journalists in which it disclosed certain operating guidance for 2013, which is provided in the table below:

* 2H 2013

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 2011 totalled 157 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:

Media relations: [email protected] 

Investor relations: [email protected]

All statements in this press release, other than historical facts, that address company's business are forward looking statements. The company has tried to identify some of those forward-looking statements by using the words "may", "will", "would", "should", "expect", "intend", "estimate", "anticipate", "project", "believe", "seek", "plan", "guidance", "predict", "continue" and similar expressions or their negatives. Although, NCSP believes that expectations expressed in such forward looking statements are based on reasonable assumptions, such statements should not in any way be construed as guarantees of future performance. Factors that could cause developments to differ materially from those expressed include overall market conditions. The company is subject to specific risks inherent in the stevedoring business and general economic and business conditions. Any such forward-looking statement or number in this press-release may be changed, depending on market conditions and other relevant developments. The company, its subsidiaries and each of its and their directors, officers, employees, affiliates and advisors expressly disclaim any obligation or undertaking to release any update of or revisions to any forward-looking statements in this press-release and any change in the company's expectations or any change in events, conditions or circumstances on which these forward-looking statements are based, except as required by applicable law or regulation.