Notice of Trading Update

Notice of Trading Update

17 January 2012

Petropavlovsk PLC ("Petropavlovsk" or the "Company") is pleased to announce that it will be releasing its full year and fourth quarter trading update on Thursday, 26 January 2012.

There will be a conference call to discuss the announcement at 9.30 (GMT) on 26 January 2012.*

To access the call, please dial:

+ 7 499 270 0354 if calling from Russia;

+ 1 631 638 5256 if calling from the US;

+ 44 (0)20 7075 6551 if calling from the UK or elsewhere.

Please then give the participant pin code 881746# to be transferred to the call.

A replay of the call will be available on request.

* The conference call may include information relating to the shares and convertible bonds

Enquiries: