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Acron Board of Directors Issues Recommendation on 2012 Dividend

Acron Board of Directors has recommended that the annual general meeting declare dividends for 2012 in the amount of RUB 110 per common share.

Taking into account the dividends paid earlier for the first nine months of 2012 in the amount of RUB 46 per share, the Board of Directors recommends paying dividends of RUB 64 per common share.

The record date for shareholders entitled to dividends was made as of the record date for the shareholders participating in the shareholder meeting, i.e. 12:00 am on April 11, 2013.