🕐24.07.09 - 09:35 Uhr

Chelyabinsk Zinc Press Release



NEWS RELEASE
For Immediate Release - July 24, 2009
Chelyabinsk Zinc Plant Reports Production Results for the H1 2009
Chelyabinsk, Russia - July 24, 2009 - Chelyabinsk Zinc Plant (LSE: CHZN, RTS: CHZN,
MICEX: CHZN), Russia"s largest producer of zinc and zinc alloys, announces its production
results for the first half of 2009.
January through June, 2009, Chelyabinsk Zinc Plant (CZP) produced 51,686 tonnes of salable
SHG zinc and zinc based alloys, a decrease of 32.9% as compared to the same period of 2008
(76,980 tonnes).

57% of the plant output was supplied to the domestic market.
CZP"s subsidiary, Nova Zinc LLC, operator of Akzhal zinc and lead mine in Kazakhstan,
processed 596.3 thousand tonnes of ore in January - June of 2009, 10.8% less than for the
same period of 2008 (668.8 thousand tonnes).

Average zinc content in the ore for the period
was 3.17% with average lead content of 0.43%, compared to 2.18% and 0.52% respectively a
year ago.

Production of zinc in zinc concentrate for the first six months of 2009 increased
29.45% to 17,217 tonnes over the prior year result of the same period of 13,300 tonnes.

Lead in
lead concentrate production decreased by 26.6% to 2,088 tonnes (vs.

2,843 tonnes in the first
half of 2008).
CZP"s subsidiary, The Brock Metal Company Limited (the leading UK supplier of zinc and
aluminum die-casting alloys) sold 9,785 tonnes of products January through June 2009, 33,1%
less than for the same period of 2008 (14,613 tonnes).
About Chelyabinsk Zinc Plant
Chelyabinsk Zinc Plant JSC is a leading Russian zinc producer.

It is responsible for approximately 64% of Russian
zinc production volume.

In 2008 the plant produced 150,028 tonnes of SHG zinc.
According to consolidated IFRS accounts, revenues in 2008 were RUB 9,973 million, and EBITDA was RUB 10
million.
Ordinary shares of CZP are traded on the RTS exchange, under ticker CHZN, and Global Depository Receipts
(GDR) are traded on the London Stock Exchange under ticker CHZN.
Investor and Media Contacts:
Anna Levitanskaya, PR Director,
Tatyana Krasnousova, IR,
Tel: +7 495 933 27 80




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