OREANDA-NEWS. April 05, 2012. Polyus Gold International Limited (LSE – PLGL, OTC (US) – PLZLY, PGIL or the “Company”), the largest gold producer in Russia, announces that the Company’s Board of Directors has recommended the payment by the Company of a final dividend in respect of the financial year ended 31 December 2011 of USD 0.041 per ordinary share (the “Proposed Final Dividend”), reported the press-centre of Polyus Gold.

The Proposed Final Dividend is subject to the approval of the Company’s shareholders at an Annual General Meeting to be held on 28 May 2012. Subject to such approval, the Proposed Final Dividend will be paid on 29 May 2012 to shareholders on the Company’s register at close of business (UK time) on 25 May 2012.

The recommended dividend, if subsequently approved by the Company's shareholders, will be the first ever dividend paid out by Polyus Gold International Limited (former KazakhGold Group Limited).

The final dividend per ordinary share represents an increase compared to the 2010 dividend distribution to OJSC Polyus Gold shareholders, prior to the reverse merger with Kazakhgold Group Limited.