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ChelyabinskZincPlant: Notice of AGM (Agenda)

NEWS RELEASE                                  

                                           For Immediate Release - May 26, 2015

         The Board of Directors of JSC Chelyabinsk Zinc Plant Adopted          

                   the Agenda of the Annual General Meeting                    

Chelyabinsk, Russia - May 22, 2015 - The Board of Directors of JSC Chelyabinsk
Zinc Plant ("JSC CZP") (LSE, MICEX: CHZN) adopted the Agenda of the Annual
General Meeting to be held on June 24, 2015.

The Annual General Meeting will address the following agenda items:

 1. The adoption of the annual report and annual financial statements,
    including the profit and loss account of JSC CZP based on the results of
    the 2014 financial year.
 2. Distribution of profits and losses of JSC CZP based on the results of the
    2014 financial year.
 3. The election of the Board of Directors of JSC CZP.
 4. The election of the Audit Commission of JSC CZP.
 5. The appointment of the external auditors of JSC CZP.
 6. The approval of an interested party transaction in relation to the
    obtaining of directors and officers liability insurance for JSC CZP.
 7. The determination of the cost for the provision of directors and officers
    liability insurance for JSC CZP.

The Board of Directors of JSC CZP has decided to recommend to the Annual
General Shareholders' Meeting of JSC CZP not to declare or pay annual dividends
based on the results of the 2014 financial year. Retained earnings based on
2014 results to allocate to finance investment activity of the Company.

The information (materials) that must be provided to shareholders in
preparation for the Annual General Shareholders' Meeting will be on display
from June 04, 2015 (on business days during business hours from 10:00AM to 04:
00PM) at the Department of corporate and property relations of JSC CZP: 24
Sverdlovsky Trakt, Chelyabinsk, Russia, 454008.

Completed voting ballots should be forwarded to the following addresses:

  * JSC Chelyabinsk Zinc Plant, 24 Sverdlovsky Trakt, Chelyabinsk, Russia,
    454008.
  * CJSC "VRK", 16 Dobrolyubova Street, 5th floor, Yekaterinburg, Russia,
    620014.

The deadline for submission of completed voting ballots: June 22, 2015.

The Annual General Meeting will be held at the following venue: The Conference
Hall of the plant administration building (bldg. 4), situated at: 24
Sverdlovsky Trakt, Chelyabinsk, Russia, 454008. The Annual General Meeting will
start at 10:00AM (local time), with the registration of meeting participants
beginning at 09:00AM (local time).

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



END



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