OREANDA-NEWS. February 25, 2013. The Board of Polyus Gold International Limited (LSE - PGIL, OTC (US) - PLZLY, "PGIL", "Polyus Gold" or the "Company") notes the announcement made by Onexim relating to the sale of all of Onexim’s interest in the Company, and the purchase by Lizarazu Limited (a company associated with Mr. Mutsoev) and Receza Limited (a company associated with Mr. Yushvaev) of 18.50 and 19.28 per cent. of the issued share capital of the Company respectively.

As a result, following on from the announcement made on 13 September 2012, the Company is now no longer in an Offer Period under the Takeover Code.

Enquiries:

Investor contact

Mikhail Seleznev, Director Investor Relations and Capital Markets

+44 (0) 203 585 35 37  ir@polyusgold.com

Media contact

Sergey Lavrinenko, Director Communications

+44 (0) 203 585 35 37  lavrinenkosn@polyusgold.com

J.P. Morgan Cazenove

Ben Davies / Christopher Nicholls / Jamie Riddell

+44 (0) 20 7742 4000

J.P. Morgan Limited, which conducts its UK investment banking business as J.P. Morgan Cazenove and is authorised and regulated by the UK Financial Services Authority, is acting solely for PGIL in relation to the matters referred to above and for no one else in connection with such matters and will not be responsible to anyone other than PGIL for providing the protections afforded to clients of J.P. Morgan Limited nor for providing any advice in relation to any of the matters referred to herein.