PJSC NCSP Notice of EGM, Record Date, and Dividend

Press release

Notice of NCSP EGM, Record Date, and Dividend

23 November 2015

NCSP Group (LSE: NSCP; MICEX: NMTP) hereby announces the resolutions of PJSC NCSP's Board of Directors approved in the meeting of 20 November 2015.

1. To convene an Extraordinary Meeting of PJSC NCSP Shareholders.

2. To hold the Extraordinary Meeting of PJSC NCSP Shareholdersin the form of absentee vote.

3. To establish the terminal date for accepting the voting ballots on 31 December 2015.

4. To establish the record date for registering shareholders eligible to participatein the Extraordinary Meeting of Shareholders on 01 December 2015.

5. To approve the agenda of the Extraordinary Meeting of Shareholders as follows:

5.1. Payment of dividends for 9 months of 2015.

6. To recommend the Extraordinary Meeting of Shareholders to approve the following resolution on the amount and form of dividend payment, on the dividend record date and payment period:

6.1. To pay the dividend for 9 months 2015 in cash in the amount of 1,499,954,423.35 rubles; 

6.2. To determine the dividend per share in the amount of 0.07788 rubles per share;

6.3. To establish the record date for registering the shareholders eligible to receive the dividend on 11 January 2016. Ex-dividend date for GDR holders is one business day prior to the record date.

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). NCSP Group cargo turnover in 2014 totalled 131 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, PJSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, OJSC NCSP Fleet, OJSC NLE, OJSC IPP, CJSC Baltic Stevedore Company, and CJSC SFP.

Contacts

Kristina Senko, Public Relations; [email protected]

Mikhail Shchur, Investor Relations; [email protected]