Acron

Notice of Dividend Amount • Aug 17, 2017

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17 August 2017

Acron's Board of Directors Issues Dividend Recommendation

At its meeting on 17 August 2017, Acron's Board of Directors recommended that the extraordinary general meeting to be held on 8 September 2017 pay (declare) dividends on Acron's outstanding ordinary shares (from Acron's retained earnings for previous years) of RUB 235 per ordinary share in monetary form.

Thus, Acron will allocate the total of RUB 9.5 billion to dividends.

The Board of Directors proposed to set a record date for persons entitled to dividends for 26 September 2017.

Media contacts:

Tatiana Smirnova

Public Relations

Phone: +7 (495) 777-08-65 (ext. 5196)

Investor contacts :

Ilya Popov

Investor Relations

Phone:  +7 (495) 745-77-45 (ext. 5252)

Background Information

Acron Group is a leading vertically integrated mineral fertiliser producer in Russia and globally, with chemical production facilities in Veliky Novgorod (Acron) and Smolensk (Dorogobuzh). The Group owns and operates a phosphate mine in Murmansk region (NWPC) and plans implementing a potash development project in Perm Krai (VPC). It has a wholly owned transport and logistics infrastructure and distribution networks in Russia and China.

In 2016, the Group sold 6.4 million tonnes of various products to 63 countries, with Russia, Brazil, Europe and the United States as key markets.

In 2016, the Group posted consolidated revenue under IFRS of RUB 89,359 million (USD 1,333 million) and net profit of RUB 25,525 million (USD 381 million). Acron's shares are on the Level 1 quotation list of the Moscow Exchange and its global depositary receipts are traded at the London Stock Exchange (ticker AKRN). Acron employs over 11,000 people.

For more information about Acron Group, please visit www.acron.ru/en.

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Source: ACRON via Globenewswire*