OREANDA-NEWS. November 17, 2014. Polyus Gold International Limited (LSE - PGIL, OTC (US) - PLZLY, “Polyus Gold” or the “Company”), the largest gold producer in Russia, announces that it has entered into an amended and restated relationship agreement with its shareholder, Wandle Holdings Limited (“Wandle Holdings”).

The amended and restated relationship agreement includes the new undertakings required by LR 9.2.2AR of the UK Listing Rules, applicable to companies with controlling shareholders:

Transactions and relationships between the company and the controlling shareholder or its associates will be conducted at arm’s length and on normal commercial terms;

No controlling shareholder or any of its associates will take any action that would have the effect of preventing the company from complying with its obligations under the Listing Rules; and;

No controlling shareholder or any of its associates will propose or procure the proposal of a shareholder resolution which is intended or appears to be intended to circumvent the proper application of the Listing Rules.

The amended and restated relationship agreement replaces the previous relationship agreement with Wandle Holdings.