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ChelyabinskZincPlant: H1 2015 Production Results

NEWS RELEASE                                  

                                          For Immediate Release - July 17, 2015

           Production Results of Chelyabinsk Zinc Plant for H1 2015            

Chelyabinsk, Russia - July 17, 2015 - 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, 2015.

Chelyabinsk Zinc Plant (CZP) produced 87,772 tonnes of salable SHG zinc and
zinc based alloys in H1 2015, the same volume as in H1 2014 (87,649 tonnes).
57.4% of metal was supplied to the domestic market (H1 2014: 52.7%).

CZP's affiliated company, Nova Zinc LLC, operator of Akzhal zinc and lead ore
mine in Kazakhstan, in H1 2015 produced 18,074 tonnes of zinc in zinc
concentrate, the same level as in H1 2014 (17,936 tonnes) and 3,054 tonnes of
lead in lead concentrate  (vs. 3,026 tonnes in H1 2014).

CZP's subsidiary, The Brock Metal Company Limited (the leading UK supplier of
zinc die-casting alloys) sold 19,513 tonnes of zinc alloys in H1 2015, an
increase by 23% as compared to H1 2014 (15,886 tonnes).

About Chelyabinsk Zinc Plant

Chelyabinsk Zinc Plant is the leading Russian zinc producer. In 2014 the plant
produced 168,601 tonnes of saleable 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



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