Pre-close trading update for Q1 2013

PRESS RELEASE

April 16, 2013, Kyiv, Ukraine

MHP S.A.Pre-close trading update for the first quarter ended 31 March 2013

MHP S.A. (LSE: MHPC) ("MHP" or "The Company"), one of the leading agro-industrial companies in Ukraine, focusing on the production of poultry and the cultivation of grain, announces its pre-close trading update for the three months ended 31 March 2013.

Vinnytsia - expansion project

All production sites of the Vinnytsia complex are operational and gradually increase their capacity outcome.

Currently 6 chicken rearing zones are operational and 3 more rearing zones will be constructed and launched into operations by the end of the year. As a result, it will increase MHP annual chicken meat production volumes by 60,000-80,000 tonnes in 2013.

Poultry and Related Operations

Due to the gradual launch of the Vinnytsia poultry complex since the end of 2012, MHP's overall poultry production volumes in Q1 2013 increased by 15% and constituted 103,420 tonnes of poultry compared to 90,260 tonnes produced in Q1 2012.

Sales of chicken meat to third parties in Q1 2013 increased by 8% reaching 91,720 tonnes of chicken meat compared to 85,040 tonnes in Q1 2012. As usual, the Company's poultry production facilities continued to operate at full capacity during the period. All production sites of the Vinnytsia complex, that were launched in operations during the period, worked at full capacity.

Export Sales: In line with the Company's growth strategy of its export sales, during the first quarter of 2013 the volume of chicken meat export increased and reached 23,200 tonnes, which almost triples export volumes in Q1 2012. During the period the Company significantly increased its export sales to Middle East, Asian and African countries.

The average chicken meat price through the first quarter of 2013 decreased by 3% to UAH 16.33 per 1 kg of adjusted weight (excluding VAT) when compared to Q1 2012, due to the increased share of export in total poultry sales (as a result of lower price for frozen chicken (export) compared to the fresh).

Sunflower Oil Sales

In Q1 2013, due to the increase of the production of fodder meal at the Vinnytsia complex, MHP's sales of sunflower oil increased respectively by 8% to 49,310 tonnes compared to 45,558 tonnes in Q1 2012. In line with international trend of the commodity prices, average price per 1 tonne of sunflower oil increased by 6% to US$1,149 compared to US$1,085 in Q1 2012.

Grain growing operations

Almost 64,400 hectares of land are under the winter crops (winter wheat, rapeseeds, barley and rye), which are around 25% of the land cultivated in the grain growing segment of the Company. Due to the heavy snow and mild winter, all crops are in good condition. As a result, MHP expects good harvest of winter crops in 2013.

MHP's 2013 spring sowing campaign is ongoing now.

According to the strategy and taking into account considerable land bank expansion plans, the Company is expected to increase its land bank by 70,000 hectares this year including acquisition of grain growing business in Russia.

Other agricultural operations

Production volumes of sausage and cooked meat in Q1 2013 remained almost at the same level and constituted 7,340 tonnes compared to 7,500 tonnes in Q1 2012.

The average sausage and cooked meat price in Q1 2013 increased by 5% to UAH 22.51 per kg (excluding VAT) compared to UAH 21.53 in Q1 2012. MHP continues to execute its strategy of increasing the Company's market share in meat processing products, by using internally produced chicken meat.

Next release: Financial results for Q1 2013 will be disclosed on 16 May, 2013.

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Notes to Editors:

About MHP

MHP is the leading producer of poultry products in Ukraine with the greatest market share and highest brand recognition for its products. MHP owns and operates each of the key stages of chicken production processes, from feed grains and fodder production to egg hatching and grow out to processing, marketing, distribution and sales (including through MHP's franchise outlets). Vertical integration reduces MHP's dependence on suppliers and its exposure to increases in raw material prices. In addition to cost efficiency, vertical integration also allows MHP to maintain strict biosecurity and to control the quality of its inputs and the resulting quality and consistency of its products through to the point of sale. To support its sales, MHP maintains a distribution network consisting of 11 distribution and logistical centres, within major Ukrainian cities. MHP uses its trucks for the distribution of its products, which Management believes reduces overall transportation costs and delivery times.

MHP also has a leading grain cultivation business growing corn to support the vertical integration of its chicken production and increasingly other grains, such as wheat and rape, for sale to third parties. MHP leases agricultural land located primarily in the highly fertile black soil regions of Ukraine.

Since May 15, 2008, MHP has traded on the London Stock Exchange under the ticker symbol MHPC.

Forward-Looking Statements

This press release might contain forward-looking statements that refer to future events or forecast financial indicators for MHP S.A. Such statements do not guarantee that these are actions to be taken by MHP S.A. in the future, and estimates can be inaccurate and uncertain. Actual final indicators and results can considerably differ from those declared in any forward-looking statements. MHP S.A. does not intend to change these statements to reflect actual results.