NEWS RELEASE

For Immediate Release - April 07, 2017

Holdings in Company The notification on the right to dispose of a certain number of shares

Chelyabinsk, Russia - April 07, 2017 - Chelyabinsk Zinc Plant (LSE, MICEX-RTS: CHZN) has received notification, on April 05, 2017, from the JSC Ural Mining and Metallurgical Company that at March 30, 2017 it disposes 5,540,526 ordinary shares in the PJSC CZP (direct control). This represents 10.223% of the existing issued share capital of Chelyabinsk Zinc Plant.

The total control (direct and indirect) of JSC UMMC composes the 97.714% of the existing issued share capital of Chelyabinsk Zinc Plant.

Chelyabinsk Zinc Plant is the leading Russian zinc and zinc alloys producer. In 2015 the plant produced 171,002 tonnes of salable 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 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 07 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 07 April 2017 10:39:19 UTC.

Original documenthttp://en.zinc.ru/netcat_files/197/196/CZP_07_04_2017_control_UMMK___more_10___eng_.pdf

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