NCSP Pays Seventh Eurobond Coupon

17.11.2010

The Novorossiysk Commercial Sea Port Group (LSE: NCSP, RTS AND MICEX: NMTP) reports the payment of the seventh coupon on Eurobonds due in 2012.

Coupon interest paid totaled $10.5 million or $35 per each 1000 of the bond issue. Payment was made in full and on schedule.

The coupon is paid every six months at 7% annual interest rate. Moody's rated the $300 million eurobond issue (ISIN XS0300986337) as Ba1 and Standard & Poor's as BB+.

About NCSP Group

Novorossiysk Commercial Sea Port is the largest Russian port operator in terms of cargo turnover. Group's consolidated cargo turnover in 2009 totaled 86.5 million tons. Consolidated revenue to IFRS in 2009 totaled $675.1 million and net profit $252.2 million.

NCSP shares are traded on Russia's RTS and MICEX exchanges (NMTP) and on the London Stock Exchange (NCSP) in the form of GDRs (1 GDR representing 75 shares).

NCSP Group includes the following stevedore companies: PJSC NCSP, PJSC Novorossiysk Grain Terminal, OJSC Novorossiysk Shipyard, PJSC NCSP Fleet, OJSC Novoroslesexport, OJSC IPP, and Baltic Stevedoring Company Ltd.

For more information please contact:

Tel.: +7 (495) 783-5434;

IR@nmtp.info