NCSP's National Scale Rating Discontinued

NCSP's National Scale Rating Discontinued

 18.03.2016

NCSP Group (LSE: NCSP, MOEX: NMTP) hereby reports that, according to statement dated 18 March 2016, Moody's Interfax Rating Agency, majority owned by Moody's Investors Service, has withdrawn the national scale ratings of PJSC NCSP and a number of Russian issuers for «its' own business reasons».

PJSC NCSP's global scale ratings remain valid as follows.

About NCSP Group

NCSP Group is the largest port operator in Russia and the third largest in Europe, in terms of cargo turnover in 2015. 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 2015 totalled 139.7 million tonnes. Consolidated revenue to IFRS in 2014 totalled USD 956 million, and EBITDA was USD 569 million. NCSP Group consolidates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, JSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, OJSC NCSP Fleet, JSC NLE, OJSC IPP, Baltic Stevedore Company LLC, and JSC SFP.

Contacts

Kristina Senko, Public Relations: [email protected]

Mikhail Shchur, Investor Relations: [email protected]