Controlling Shareholder of Cherkizovo Group Increased Stake

August 3, 2017

Moscow, Russia – 3 August 2017 – Cherkizovo Group (LSE: CHE; MOEX: GCHE), the largest vertically integrated meat and feed producer in Russia, today announces the completion of the purchase of Cherkizovo Group securities by its controlling shareholder.

The controlling shareholder of Cherkizovo Group, together with its affiliates, completed the acquisition of 21.05% of the Group's ordinary shares and GDRs from the funds and portfolios under the management of Prosperity Capital Management at a price of RUB 1,300 per ordinary share, for total consideration of RUB 12.0 billion.

The transaction was approved by the Russian Federal Antimonopoly Service in late July.

The funds and portfolios under the management of Prosperity Capital Management sold all securities of the Group previously held by them.

Following the acquisition, the total stake of the controlling shareholder of Cherkizovo Group, together with its affiliates in Cherkizovo Group, now amounts to 88% of the charter capital.