Summa Group 2015

Summa Group News

All the latest news from the Summa Group
March 2015 Part 1

FESCO - NCSP- STROYNOVATSIYA INTEX YATEC UNITED GRAIN COMPANY

Summa Group 2015 March PT1

NCSPS BOARD OF DIRECTORS APPROVE TRANSACTIONS

The Summa Groups NCSP (Novorossiysk Commercial Sea Port Group) board of directors have
approved a number of pending transactions within the group. The following amendments were
approved as of the 27th of February 2015:

Series of related party transactions.

Placement of Bonds subject to the rule of transactions valued above 10% and below 25%.
Approval of amendments to exchange traded bonds including amendments on placement of
issues, emission of issues and prospectus of issues to BO-01, BO-02, BO-03, BO-04, BO-05.

* The placement of bonds refers solely to previously

registered issues of NCSPs PJSC exchange traded bonds
in order to ensure that they are up to date with current
Russian securities market regulations. It does not apply to
issue of new securities or raising new capital.

FESCO NCSP - STROYNOVATSIYA INTEX YATEC UNITED GRAIN COMPANY

Summa Group 2015 March PT1

NEW FESCO FINANCIAL VICE PRESIDENT APPOINTED

The Summa Groups Far East Shipping Company (FESCO) has recently announced the appointment
of a new financial Vice President. On the 2nd of March 2015, Mr Victor Belyakov was appointed as
the new Vice President of Finance for the Russian shipping company. Mr Belyakov will commence
with his work immediately and will be responsible for managing the finances for the entire group.
This includes managing the financial strategy, business activities and investor relations.
FESCO President, Konstantin Sokolov, comments on the new manager, We are confident that Victor
Belyakov will make a major contribution to the FESCO strategy implementation. His significant
experience in finance and general management will be used to ensure the Companys financial
branch is efficient.
Before joining FESCO, Mr Belyakov worked as the Director of
Economics and Finance at Uralkali JSC. He has acted as CEO
after holding numerous senior positions in the Russian
economics and financial fields. After studying at Tver State
Technical University, he holds a MBA degree from Kingston
Business School.

FESCO NCSP - STROYNOVATSIYA INTEX YATEC UNITED GRAIN COMPANY

Summa Group 2015 March PT1

STROYNOVATSIYA TO BUILD OIL TREATMENT CENTER

Stroynovatsiya (Summa Group) has won a tender to build an
oil treatment centre at Yurubcheno-Tokhomskoye oil and
gas condensate field (OGCF). They signed an agreement
which will see Stroynovatsiya build a number of facilities
including utility lines, treatment facilities, junction point,
process area, modular nitrogen unit area, nitrogen receivers
transformer substations and fire safety systems. The
construction will include the Eastern Siberia Pacific Ocean
pipeline system for OJSC East-Siberian Oil and Gas company
who will act as the customer for the project.
The Yurubcheno-Tokhomskoye oil and gas condensate field
was discovered in 1982 and is located in the Evenkiysy
District in Krasnodar Krai. There are over 350 million tons of
oil reserve in the ABC1 + C2 category fields. OJSC
Vostsibneftegaz owns the licence for use of the subsurface
resources.

FESCO NCSP - STROYNOVATSIYA INTEX YATEC UNITED GRAIN COMPANY

Summa Group 2015 March PT1

ABOUT THE 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 celebrated its
10 year anniversary in 2014.

FESCO - NCSP- STROYNOVATSIYA INTEX YATEC UNITED GRAIN COMPANY