NEWS RELEASE                                  

                                        For Immediate Release - January 13,2015

                              Holdings in Company                              

Chelyabinsk, Russia - January 13,2015 - Chelyabinsk Zinc Plant (LSE, MICEX-RTS:
CHZN) has received notification, on January 12, 2015, from company Renaissance
Securities (Cyprus) Limited that from December 16, 2014 up to December 17, 2014
it held 3,513,499 ordinary shares in the JSC CZP (or 6.48 % of the existing
issued share capital). From December 17, 2014 the ownership ratio decreased to
101,000 shares (or 0.1865 % of the existing issued share capital of JSC CZP).

Renaissance Securities (Cyprus) Limited is under control of the following
companies: Renaissance Financial Holdings Limited, Renaissance Capital
Investments Limited, Onexim Holdings Limited, Onexim Group Limited (indirect
control).

About Chelyabinsk Zinc Plant

Chelyabinsk Zinc Plant is the leading Russian zinc producer. In 2013 the plant
produced 166,357 tonnes of saleable SHG zinc.

According to consolidated IFRS accounts, revenue in 2013 was RUB 13,062 mln and
EBITDA was RUB 1,077 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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