Summa News Nov 2014 PT2

Summa News
Latest news from Summa Group 2014

Summa News Nov 2014 PT2

FESCO Announces Work Agreement

Far East Shipping Company (FESCO), a subsidiary of the Summa Group, has announced that
they will with working Sberbank to open a revolving credit facility worth 2.4billion Rubles
over 3 years.
The funds will be used to finance current operations and reinforce the groups strong
liquidity position. The agreement is fully compliant with the USD550m Senior Secured
Notes terms and conditions due in 2018 and the USD 325m Senior Secured Notes in 2020.

Summa News Nov 2014 PT2

Stroynovatsiya Wins Tender for Finlandskaya Street

Summa group subsidiary Stroynovatsiya has won a tender to overhaul Finlandskaya Street
in Saint Petersburg. The St. Petersburg City Directorate for Transport Construction has
approved and signed a contract for the overhaul of Sovetsky to Sofiyskaya Street in Saint
Petersburg.
The contract is worth nearly 2 billion Rubles and will be carried out over a 4.48 kilometre
road. The project aims to increase the number of lanes from one to two or two or four
lanes depending on the section of the road. The bridge over the river and the removal of
the existing utilities will also be included as well as a development of transport stops.
13 new transport stops will be added, as well as parking lots to
cater for physically challenged individuals and a tactile tiles for
people suffering from impaired eyesight.
Finlandskaya streets separate sections will be joined and access to
Sofiyskaya street will also be developed. This will relieve the
current bottleneck of traffic on the Kolpinskoe Highway.

Summa News Nov 2014 PT2

NCSP Group Increases Transshipment to 10m Tonnes

Summa Group subsidiary NCSP have signed a letter of intent to facilitate increased
transhipments of up to 10 million tonnes of iron ore and pig iron per year in conjunction
with Metallonivest. The metals will be used to construct a specialized bulk cargo terminal
which will include access railways and hydraulic structures at the Port of Novorossiysk in
north-east Russia.
Sultan Batov comments on the project, We believe the grounds of Novorossiysk Shipyard
suit best for construction of this new terminal. Reconstruction of the Novorossiysk rail hub
is the mandatory precondition for implementing the project.
At the new terminal NCSP expects to facilitate intake,
storage and transshipment of up to 10 million tonnes of
bulk cargo by means of its own port infrastructure, utilizing
state-of-the-art technology and equipment to guarantee
the best cargo handling service.
Metalloinvest will be using NCSPs new cargo terminal to
export iron of up to 10 million tonnes per year to North
Africa, Middle East, Asia-Pacific and Mediterranean regions.

Summa News Nov 2014 PT2

About Summa Group

Summa Group specialises and invests in port logistics, engineering, construction, oil and
gas sectors as well as telecommunications. Summa Group is a diversified private holding
that comprises of more then 10 000 people in 40 regions of Russia and abroad.
Mr Ziyavudin Magomedov is the founder and shareholder of the Summa Group, which
will reach its 10 year anniversary in 2014.