NCSP Group Consolidated Financial Results for Full Year 201 7

0 2 . 04.2018

NCSP Group (LSE: NCSP, MoEx : NMTP) hereby announces consolidated financial results for the year ended 31 December 201 7 .

NCSP Group's revenue for 12 M 201 7 in creased by $34 . 2 million or 4.0% y-o-y and � reached $899 .8 million.

Group's EBITDA * for 2017 comprised $653.7 mln versus $675.5 mln in 2016 .

Net profit for 201 7 totaled $ 439 . 0 million versus � $ 632.8 million in 201 6 .

Cash and cash equivalents at the end of 2017 totaled $ 121.5 million versus � $ 234.1 at the end of 2016 .

The Group's debt including financial lease reduced by $ 1 99 . 4 million , while n et d ebt * reduce d by $ 86 . 8 million or 7 . 5 % y-o-y.

Net debt /EBITDA ratio improved to 1. 64 * at the end of 2017 versus 1 . 72 * at the end of 201 6 .

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NCSP Group Key Financial Indicators

( in thousand USD )	201 7	201 6	Change	Change %
Revenue	899 831	865 591	34 240	4,0%
EBITDA*	653 743	675 481	-21 738	-3,2%
Profit for the period	438 952	632 834	-193 882	-30,6%
( in thousand USD )	3 1 .12.201 7	31.12.201 6	Change	Change %
Debt (including financial lease)	1 196 425	1 395 835	-199 410	-14,3%
Cash and cash equivalents	121 528	234 138	-112 610	-48,1%
Net debt*	1 074 897	1 161 697	-86 800	-7,5%
Net debt / LTM EBITDA*	1,64	1,72	�	�

* Management accounts

NCSP Group's consolidated financial statements for 201 7 are available at: http://nmtp.info/en/holding/investors/reporting/msfo/, �it is also attached to this press-release.

About NCSP Group

NCSP Group is the largest port operator in Russia and the third largest in Europe, in terms of cargo turnover in 201 7 . 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 201 7 totalled 143 . 5 * million tonnes. Consolidated revenue to IFRS in 201 7 totalled USD 8 99 . 8 million. NCSP Group consolidates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, LLC Novorossiysk Grain Terminal, JSC Novorossiysk s hip r epair y ard, JSC F NCSP, JSC NLE, LLC IPP, LLC Baltic Stevedore Company, and JSC SFP.

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Contacts

Kristina Senko, Public Relations: � � � [email protected]

Alexey Burykin , Investor Relations: � � [email protected]