Result of Annual General Meeting

9 November 2017

Urals Energy Public Company Limited

("Urals Energy", the "Company" or the "Group")

Result of Annual General Meeting

Urals Energy PCL (AIM: UEN), the independent exploration and production company with operations in Russia, is pleased to announce that at the Company's Annual General Meeting held today all resolutions proposed were duly passed, including the special resolution to adopt new articles of association of the Company (the "New Articles of Association"). The new Articles of Association are available on the Company's website, www.uralsenergy.com. 

The Company's final dividend of USD 0.062 per ordinary share for the year ended 31 December 2016 (the "Final Dividend") will be paid on 1 December 2017 to shareholders who on the record date of 3 November 2017 were recorded on the shareholders' register maintained by Cymain Registrars Limited or on the separate register of depository interests maintained by Computershare Investor Services PLC. The ex-dividend date for the Final Dividend was 2 November 2017. Further details regarding the Final Dividend can be found in the Company's announcement of 9 October 2017.

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