Notice of IRC Announcement

31 May 2016

Notice of IRC Announcement

Petropavlovsk PLC (the "Company") wishes to notify that IRC, a producer and developer of industrial commodities in which the Company is a significant shareholder, has today made an announcement, the full text of which may be found on the website of IRC, www.ircgroup.com.hk.

Petropavlovsk welcomes the development, which is a significant step forward in bringing K&S into full commercial production during Q3 2016

Enquiries

Petropavlovsk PLC

Alya Samokhvalova

Grace Hanratty

+44 (0) 20 7201 8900

Maitland

Neil Bennett

James Isola

+44 (0) 20 7379 5151