OREANDA-NEWS. Novorossiysk Commercial Sea Port Group (“NCSP Group” or “the Group”) (LSE: NCSP, Moscow Exchange: NMTP), following unauthorised public statements made by a member of PJSC NCSP’s Board of Directors on 18 February 2013, provides certain information regarding preliminary unaudited financial results for the full year 2012 based on management accounts.

Based on preliminary unaudited management accounts, NCSP Group’s revenue for FY 2012 amounted to RUB 32 billion (USD 1.03 billion) and the Company’s EBITDA was RUB 18.3 billion (USD 589 million).

Investors should not rely on this information. The FY 2012 financial information previously disclosed and disclosed here is preliminary and based on internal management accounts, has not been converted to IFRS or audited and may be significantly adjusted during the course of the preparation of the Group’s audited IFRS financial statements.

NCSP Group plans to disclose its full audited IFRS financial statements for the year ended 31 December 2012 in April 2013. The publication date of the full audited IFRS financial statements will be announced in due course.

NCSP Group is the largest port operator in Russia and the third-largest in Europe, in terms of cargo turnover. NCSP shares are traded on Russia's Moscow Exchange (ticker: NMTP) and on the London Stock Exchange in the form of GDRs (ticker: NCSP). 50.1% shares of PJSC “NCSP” belong to Novoport Holding Ltd, the beneficial owners of which are OJSC “Transneft” and Summa Group. NCSP Group cargo turnover in 2011 totalled 157 million tonnes. Consolidated revenue according to IFRS totalled USD 1,050 million and EBITDA was USD 550 million, in 2011. NCSP Group consolidates the following companies: PJSC “Novorossiysk Commercial Sea Port”, LLC “Primorsk Trade Port”, PJSC “Novorossiysk Grain Terminal”, OJSC “Novorossiysk Ship Repair Yard”, OJSC “NCSP Fleet”, OJSC “NLE”, OJSC “IPP”, CJSC “Baltic Stevedore Company” and CJSC “SFP”.