16.08.2016 NCSP Volumes Total 86 mln tons for 7M 2016 Up 6% y-on-y

NCSP Group (LSE: NCSP, MOEX: NMTP) hereby reports that its consolidated cargo turnover for the first seven months of 2016 increased by 4 792 thousand tons or 5.9% y-on-y reaching 86 101 thousand tons.

Liquid cargo volumes grew by 3 618 thousand tons or 5.7% y-on-y combined, and reached 67 259 thousand tons. While crude oil volumes standalone increased by 3 523 thousand tons or 8.0% y-on-y and totaled 47 602 thousand tons, due to growth at Primorsk port.

Bulk cargo volumes increased by 341 thousand tons or 5.4% y-on-y combined and comprised 6 633 thousand tons. Grain volumes reduced 9.4% y-on-y, while exporters delay shipments due to low foreign market prices, and comprised 2 815 thousand tons. Iron ore volumes grew by 707 thousand tons or 66.3% y-on-y, and reached 1 772 thousand tons. Coal volumes grew by 193 thousand tons reaching 980 thousand tons, while growth rate doubled versus H1 2016 and reached 24.5% y-on-y.

General cargo volumes increased by 715 thousand tons or 8.6% y-on-y combined and reached 9 071 thousand tons. Transshipment of ferrous metals and pig iron grew by 898 thousand tons or 12.8% y-on-y and totaled 7 933 thousand tons.

Container traffic totaled 3 138 thousand tons or 286 thousand TEU, up 3.9% and 1.5% y-on-y respectively.

NCSP Group Cargo Turnover for January-July 2016 in thousand tons

	7M 2016	7M 2015	Change	Change %
Cargo turnover, total	86 101	81 309	4 792	5.9%
Liquid cargo, total	67 259	63 641	3 618	5.7%
Crude oil	47 602	44 080	3 523	8.0%
Oil products	19 150	19 033	117	0.6%
UAN	372	374	-2	-0.5%
Seed oils	134	154	-19	-12.5%
Bulk cargo, total	6 633	6 293	341	5.4%
Grain	2 815	3 109	-294	-9.4%
Chemical cargo*	583	654	-71	-10.8%
Sugar	482	677	-195	-28.8%
Iron ore and ore concentrate	1 772	1 066	707	66.3%
Coal	980	787	193	24.5%
General cargo, total	9 071	8 356	715	8.6%
Ferrous metals	7 933	7 035	898	12.8%
Timber	294	387	-93	-24.1%
Timber (ths cubic meters)	532	704	-172	-24.4%
Non-ferrous metals	663	699	-37	-5.2%
Perishable cargo	32	123	-91	-74.4%
Other	151	113	38	33.8%
Containers	3 138	3 020	118	3.9%
Containers (ths TEU)	286	282	4	1.5%

About NCSP Group

NCSP Group is the largest port operator in Russia and the third largest in Europe, in terms of cargo turnover in 2015. 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 2015 totalled 139.7 million tonnes. Consolidated revenue to IFRS in 2015 totalled USD 877 million, and EBITDA was USD 657 million. NCSP Group consolidates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, JSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, JSC NLE, OJSC IPP, Baltic Stevedore Company LLC, and JSC SFP.

Contacts

Kristina Senko, Public Relations:             KSenko@ncsp.com

Mikhail Shchur, Investor Relations:                MShchur@ncsp.com