POG.L Regulatory News (POG)

Name of applicant:

Petropavlovsk PLC

Name of scheme:

Conversion of Guaranteed Convertible Bonds into ordinary shares

Period of return:

From:

22/10/09

To:

22/04/10

Balance of unallotted securities under scheme(s) from previous return:

nil

Plus:  The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):

10,855,564

Less:  Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):

10,840,032

Equals:  Balance under scheme(s) not yet issued/allotted at end of period:

15,532

This balance has been cancelled and no further shares will be issued under this scheme

Name of contact:

Heather Williams

Telephone number of contact:

020 7201 8900

Petropavlovsk PLC

Alya Samokhvalova - Group Head of External Communications

+44 (0) 20 7201 8900

Merlin

David Simonson 

Tom Randell 

+44 (0) 20 7726 8400