EGM Reelects Board

Press-release

NCSP EGM Reelects Board

13.08.2015

NCSP Group (LSE: NCSP, MOEX: NMTP) hereby reports that the extraordinary General meeting of PJSC NCSP shareholders, held on 12 August 2015, has approved the following resolutions.

1. To terminate the powers of the Board of Directors elected at the Annual general meeting of shareholders on 30 June 2015.

2. To elect the following members to the Board of Directors of PJSC NCSP

Sergey Andronov, Vice President of Transneft;

Maksim Grishanin, First Vice President of Transneft;

Sergey Kireev, General Director of Transneft-Terminal;

Vitaly Sergeychuk, Deputy Division Director at the Russian Agency for State Property Management;

Vladimir Kayshev, President of Summa Group;

Marat Shaydaev, Director at FESCO and United Grain Company.

The Board of Directors of PJSC NCSP consists of seven seats. Six Directors are elected at AGM, and the seventh Director is appointed by the Government of Russia as state's representative on the Board under the golden share rule. Since 2011 this post is held by Viktor Olerskiy, Deputy Minister of Transportation.

About NCSP Group

NCSP Group is the largest port operator in Russia and the fourth 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; KSenko@ncsp.com

Mikhail Shchur, Investor Relations; MShchur@ncsp.com