OREANDA-NEWS. Novorossiysk Commercial Sea Port Group (NCSP Group or the Group) (LSE: NCSP, Moscow Exchange: NMTP) announces that PJSC NCSP's Board of Directors approved several related party transactions at a meeting:

Agreement on provision of moorage services between PJSC NCSP Fleet and PJSC NCSP;

Agreement on sale of ship equipment between PJSC NCSP Fleet and PJSC NCSP;

Agreement to determine the price of electric power supply between PJSC NCSP and PJSC Novorossiysk Ship Repair Yard;

Service agreement for the training of employees on industrial safety between PJSC NCSP and PJSC Novorossiysk Ship Repair Yard;

Rental agreement for non-residential property between PJSC NCSP and PJSC Novorossiysk Ship Repair Yard;

Additional agreement to a loan agreement between PJSC NCSP and PJSC NGT;

Additional agreements for extension of existing loan agreements between PJSC NCSP and PJSC NPK Zarubezhneft.

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). NCSP Group cargo turnover in 2012 totalled 159 million tonnes. Consolidated revenue according to IFRS in 2012 totalled USD 1,034 million and EBITDA was USD 591.5 million. NCSP Group consolidates the following companies: PJSC “Novorossiysk Commercial Sea Port”, LLC “Primorsk Trade Port”, PJSC “Novorossiysk Grain Terminal”, PJSC “Novorossiysk Ship Repair Yard”, PJSC “NCSP Fleet”, PJSC “NLE”, PJSC “IPP”, LLC “Baltic Stevedore Company”, and CJSC “SFP”.