NEWS RELEASE For Immediate Release - June 27, 2013 Chelyabinsk Zinc Plant Holds AGM Chelyabinsk, Russia - June 27, 2013 - On Wednesday, June 26, Chelyabinsk Zinc Plant (LSE, MICEX: CHZN) has held its Annual General Shareholders' Meeting. Participants in the AGM, including shareholders and their representatives, control 76.9% of the Company's voting shares. Rinat Shakirzyanov, General Director of CZP, presented the annual report and CZP's financials for the year ended December 31, 2012, and Company's social and corporate policy. The AGM approved the annual report and the financial statements of JSC "CZP" for 2012. The AGM voted in favor of not declaring and distributing dividends based on the results of the 2012 financial year. Undistributed profit for 2012 to allocate for finance the priority projects of JSC "CZP". The Shareholders elected the Board of Directors in an amount of 7 members. The following persons were elected to the Board: * Vladimir Bublik (Doctor of Juridical Science, rector of the Ural State Law Academy); * Sergey Grudin (Chairman of the Board of LLC CB "Koltso Urala"); * Oleg Meluhov (PhD in Technical Sciences, director for corporate relations of the LLC "UMMC-HOLDING"); * Igor Myskin (General Director of the CJSC "Skat-Reil"); * Stanislav Naboichenko (corresponding member of the Russian Academy Of Sciences, Doctor of the Technical Science, Head of MHnFM Chair of the Ural Federal University named after First President of Russia B.N. Yeltsin); * Andrey Panshin (PhD of Technical Science, Technical Director of the LLC "UMMC-HOLDING"); * Rinat Shakirzyanov (General Director of the JSC "CZP"). Also the composition of the Audit Commission in an amount of 3 members was elected. LLC "Agency "Taxes and Financial Law" and CJSC "KPMG" were nominated as independent auditors of the Company; price of services of directors and officers liability insurance for JSC "CZP" was determined. About Chelyabinsk Zinc Plant Chelyabinsk Zinc Plant is the leading Russian zinc producer. In 2012 the plant produced 160,002 tonnes of salable SHG zinc. According to consolidated IFRS accounts, revenue in 2012 was RUB 13,077 mln and EBITDA was RUB 1,499 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, email@example.com Tel: +7 (351) 799-01-52 Evgeny Ponomarev, IR, firstname.lastname@example.org Tel: +7 963 998-55-58 END -0- Jun/27/2013 06:00 GMT
JSC CHELYABINSK ZINC PLANT: AGM Statement
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