Novorossiyskiy morskoy torg. port OAO : Board of Directors of PJSC NCSP unanimously approved Rado Antolovic as acting CEO

NCSP Group(LSE: NSCP; MICEX: NMTP) reports that on April 10, 2012 the Board of Directors of PJSC NCSPdecidedtoterminate the powers of CEOIgor Vilinovand to appointRado Antolovicasacting CEO, former deputy CEO of PJSC NCSP for marketing and sales.

Marat Shaydaev, member of the Board of Directors, First Deputy CEO of PJSC NCSP commented on this decision: "Igor Vilinov has done a great job during the formation of the new management team after the acquisition of Primorsk Oil Terminal Ltd by PJSC NCSP. We express our deep gratitude to Mr. Vilinov for invaluable service, his high competence and professionalism.

The Board of Directors has alsodecidedtohold Extraordinary General Meeting of Shareholders of PJSC NCSPon July 9, 2012.

The agenda items will bethe following:

· on early termination of CEO's powers;

· on election of new CEO (executive body).

RadoAntolovic has been working in NCSP Groupsince April 2011.

Rado Antolovic was born in 1959.

In 1985 he graduated from the Edward Kardeli University in Ljubljana, specializing in marine engineering

- Rado has 30 years of experience in sea ports and container terminals, knowledge of various aspects of business while working at executive positions in international terminal operators and leading Shipping Lines as well as logistic companies (MOL, APL, P&O Ports, CMA CGM, DP World and NCSP (Summa Group);

- From 1987 till 1988 in Splosna Plovba, Swiss Atlantique and MOL Shipping - made a career from sailor to Captain;

- From 1989 till 1996 in MOL Australia - led the ports of Australia and Oceania as the Operations Director;

- From 1996 till 2005 in P&O Ports: CEO of VICS, Far East Russia (port Vostochny); CEO of CICT, Sardinia; CEO of port in MFT, Malta, and CEO of APL Mediterranean Shipping Line;

- From 2005 till 2007 held position of CEO in ACT DP World, Hong Kong;

- From 2007 Rado was appointed CEO of DP World Russia and the Board Adviser of Eastern Stevedoring Company in Far East, Russia and Adviser for development and operation efficiency improvement of DP World and Global Ports (GP), port & logistic business in Russia and Europe;

- From 2009 in addition to CEO of DP World Russia, Rado was appointed CEO of CICT in Constanta port, Romania DP World.

- From 2011 Rado joined NCSP as Vice President for Sales and Marketing and was actively involved in development of the Group's Master Plan and improvement of operating efficiency of the Group.

Diplomas & Qualifications of RadoAntolovic:

· MBA with Sydney University, 2008-2010;

· Executive Leadership Course, Hay Group. 2008;

· Advance Diploma Terminal Business Management, DP World Institute, 2006-7;

· Senior Executive Course, Hong Kong Management Institute, 2006;

· Member of Hong Kong Port Committee, 2005;

· Executive Financial course for leading CEOs Bocconi, Milan, 2001-2;

· Member of Coordinating Committee of Trans-SiberianRailway, Russia, 1997;

· FinancialSkills for Senior Managers, Australia Institute of Management, 1996;

· University Degree in Transport Business, Sydney University, Australia, 1994;

· Member of International Organization of Masters and Masters of Australia, N 2525, 1991;

· Shipbuilding University, Edward Kardeli University, Ljubljana, 1987;

· Member of International Organization of Masters A1, port of Koper, Slovenia, 1986.

About NCSP Group

NCSP Group is the largest Russian port operator and the 3rd operator in Europe in terms of cargo turnover. NCSP shares are traded on Russia's MICEX exchange (NMTP) and on the London Stock Exchange in the form of GDRs (NCSP).

50.1% shares of PJSC NCSP belong to Novoport Holding Ltd, beneficiaries owners of which are JSC "Transneft" and Ziyavudin Magomedov (Summa Group). NCSP Group cargo turnover in 2011 totaled 157 million tons. Consolidated revenue according to IFRS for the nine months of 2011 totaled $782 million and EBITDA of $403.8 million. NCSP Group combines the following stevedore companies: OJSC Novorossiysk Commercial Sea Port, Primorsk Oil Terminal Ltd (since 2011), PJSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, PJSC NCSP Fleet, OJSC NLE, OJSC IPP, and Baltic Stevedore Company Ltd.

For more information please contact:

Media: M.Sidorov@nmtp.info; senko@ncsp-net.com;

Investement Community: MGrigoriev@nmtp.info

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