Mhp Reg S Regulatory News (MHPC)

PRESS RELEASE

October 20, 2011, Kyiv, Ukraine

MHP S.A.Result of EGM

MHP S.A. (LSE: MHPC) ("MHP" or "The Company"), today announces that at its Extraordinary general meeting of shareholders ("EGM"), held at 5, rue Guillaume Kroll, L-1822, Luxembourg on Wednesday 19 October 2011 all resolutions were passed.

That the agenda of the EGM was as follows:

1. Approval of amendments to the terms and conditions of the Share Buy Back Program with the following terms and conditions: (i) the number of GDRs to be purchased in the open market is up to 11,077,000; (ii) implementation of the Buy Back Share Program at any time during a period of up to five (5) years after the date of approval of the program by the general meeting of shareholders of the Company to be held on October 19, 2011; and (iii) purchases will be made for at a market price ranging between USD 1 and maximum USD 18 per GDR.

2. Authorization to the board of directors to subsequently implement the Buy Back Share Program in accordance with amended terms and conditions.

3. Approval of the appointment of up to 9 members of the board of directors of the Company.

4. Acknowledgement of the resignation of Mr Yevhen H. Shatokhin from the board of directors of the Company, with effect as of 10 May 2011 and of Mr Artur Futyma as of 20 September 2011.

5. Appointment of three new members of the board of directors, including a Luxembourg resident, until the annual general meeting to be held in 2013 to approve the annual accounts of the Company for the accounting year ending 31 December 2012:

·; Mr. Yuriy Logush, director;

·; Mr. Yuriy Melnyk, director;

·; Mr. Philippe Lamarche, director.

6. Amendment of the articles of incorporation of the Company in order to comply with the provisions of the law of 24 May 2011 implementing the Directive 2007/36 EC of the European Parliament and of the Council of 11 July 2007 on the exercise of certain rights of shareholders of listed companies.

7. Miscellaneous.

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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 centers, 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.