H1 2013 Production Results NEWS RELEASE

For Immediate Release - July 18, 2016

Production Results of Chelyabinsk Zinc Plant for H1 2016

Chelyabinsk, Russia - July 18, 2016 - Chelyabinsk Zinc Plant (LSE, MICEX: CHZN), Russia's largest producer of zinc and zinc alloys, is pleased to announce its production results for the six months, ended June 30, 2016.

Chelyabinsk Zinc Plant (CZP) produced 89,733 tonnes of salable SHG zinc and zinc based alloys in H1 2016, an increase of 2.2% as compared to H1 2015 (87,772 tonnes). 49.7% of metal was supplied to the domestic market (H1 2015: 57.4%).

CZP's affiliated company, Nova Zinc LLC, operator of Akzhal zinc and lead ore mine in Kazakhstan, produced 18,348 tonnes of zinc in zinc concentrate in H1 2016, more than in H1 2015 (18,074 tonnes). Lead in lead concentrate production amounted to 3,565 tonnes (vs. 3,054 tonnes in H1 2014).

CZP's subsidiary, The Brock Metal Company Limited (the leading UK supplier of zinc die- casting alloys) sold 18,797 tonnes of zinc alloys in H1 2016, a decrease by 4% as compared to H1 2015 (19,513 tonnes).

About Chelyabinsk Zinc Plant

Chelyabinsk Zinc Plant is the leading Russian zinc producer. In 2015 the plant produced 171,002 tonnes of saleable SHG zinc.

According to consolidated IFRS accounts, revenue in 2015 was RUB 24,013 mln and EBITDA was RUB 4,789 mln.

Ordinary shares of CZP are traded on the Moscow exchange MICEX-RTS 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.ru

Tel: +7 (351) 799-01-52

JSC Chelyabinsk Zinc Plant published this content on 18 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 July 2016 03:28:02 UTC.

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