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ChelyabinskZincPlant: 2015 Production Results

NEWS RELEASE                                  

                                       For Immediate Release - January 29, 2016

       Chelyabinsk Zinc Plant Announces 1.4% Production Increase in 2015       

Chelyabinsk, Russia - January 29, 2016 - Chelyabinsk Zinc Plant (LSE,
MICEX-RTS: CHZN), Russia's largest producer of zinc and zinc alloys, is pleased
to announce its production results for the twelve months ended December 31,
2015.

Chelyabinsk Zinc Plant (CZP) produced 171,002 tonnes of salable SHG zinc and
zinc based alloys in 2015, an increase of 1.4% as compared to 2014 (168,601
tonnes). 59.7% of metal was supplied to the domestic market (in 2014 - 54.9%).

CZP's affiliated company, Nova Zinc LLC, operator of Akzhal zinc and lead ore
mine in Kazakhstan, produced 36,770 tonnes of zinc in zinc concentrate in 2015,
an increase of 1.7% as compared to 2014 (36,150 tonnes). Lead in lead
concentrate production increased by 2.3% to 5,655 tonnes (vs. 5,528 tonnes in
2014).

CZP's subsidiary, The Brock Metal Company Limited (the leading UK supplier of
zinc die-casting alloys) sold 36,398 tonnes of zinc alloys in 2015, an increase
by 12.1% as compared to 2014 (32,460 tonnes).

About 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 2014 was RUB 16,508 mln and
EBITDA was RUB 3,825 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

                                              Evgeny Ponomarev, IR, eyp@zinc.ru

                                                        Tel: +7 (963) 998-55-58



END



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