NEWS RELEASE

Chelyabinsk, June 09, 2017

Chelyabinsk Zinc Plant announces the issue of the report on payments to governments

Chelyabinsk Zinc Plant (LSE, MICEX-RTS: CHZN), Russia's largest producer of zinc and zinc alloys, issues the report on payments to governments for the year ended 31 December 2016

The report contains the review of payments to governments, made in 2016 by PJSC Chelyabinsk Zinc Plant and its subsidiaries arising from activities involving the exploration, prospection, discovery, development and extraction of minerals.

Information in the report is prepared in accordance with the requirements of Reports on Payments to Governments Regulations 2014 (2014/3209) and DTR 4.3A of the Financial Conduct Authority's Disclosure and Transparency Rules.

The report is available on Company's website: http://en.zinc.ru/for-investors/reports/.

Payments per governments

'000 RUB

Taxes in republican budget of the Republic of Kazakhstan

Payments for infrastructure improvements in regional budget of Karagandinski region, the Republic of Kazakhstan

Total

The Republic of Kazakhstan

833,759

22,778

856,537

Total

833,759

22,778

856,537

Payments per project

'000 RUB

Taxes in republican budget of the Republic of Kazakhstan

Payments for infrastructure improvements regional budget of Karagandinski region, the Republic of Kazakhstan

Total

LLP "Nova Zinc"

833,759

22,778

856,537

Total

833,759

22,778

856,537

Chelyabinsk Zinc Plant is the leading Russian zinc and zinc alloys producer. In 2016 the plant produced 174,803 tonnes of salable SHG zinc.

According to consolidated IFRS accounts, revenue in 2016 was RUB 30,347 mln and EBITDA was RUB 6,964 mln.

Ordinary shares of CZP are traded on the Moscow exchange under ticker CHZN and Global Depository Receipts (GDR) are traded on the London Stock Exchange under ticker CHZN.

Investor and Media Contacts: Natalya Vasilieva, PR, ngv@zinc.ruTel: +7 (351) 799-01-52

JSC Chelyabinsk Zinc Plant published this content on 09 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 June 2017 06:33:28 UTC.

Original documenthttp://en.zinc.ru/netcat_files/197/196/CZP_2016_NR.pdf

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