Cherkizovo Group announces results of AGM

Moscow, Russia - April 11, 2017 - PJSC Cherkizovo Group (LSE: CHE; MOEX: GCHE), the largest vertically integrated meat and feed producer in Russia, today announces the results of its Annual General Meeting of Shareholders ('AGM'), which was held on April 11, 2017.

The AGM approved the Group's 2016 annual report and annual financial statements for 2016 prepared in accordance with Russian Accounting Standards.

A total dividend payment of RUB 600,105,501.45, or RUB 13.65 per ordinary share was approved for 2016. The record date is May 01, 2017. The dividends will be paid in Russian roubles.

The AGM elected the following members of the Board of directors: Mikhailov Sergey Igorevich, Mikhailov Evgeny Igorevich, Mammadov Emin Tofik Oglu, Sobel Richard Paul, Fuertes Quintanilla Rafael, Jones Elliot Brinton and Wills Roger Gary.

In addition, the AGM elected the Company's Revision Commission consisting of the following members: Kolesnikova Ekaterina Anatolievna, Kozhukalova Elena Nikolaevna, Tivilev Boris Pavlovich and approved Deloitte & Touche CIS as the Group's auditor for 2017.

For more information please visit www.cherkizovo.com or contact

Cherkizovo Group

Irina Kravets, PR Manager, +7 (495) 660 2440 ext. 15171, i.kravets@cherkizovo.com

About Cherkizovo Group

Cherkizovo Group is the largest meat and feed producer in Russia. The Group is a top-3 producer in the poultry, pork and processed meat markets and is the largest feed manufacturer in the country.

Cherkizovo Group encompasses 8 full cycle poultry production facilities, 15 modern pork production facilities, 6 meat processing plants, 9 feed mills and more than 287,000 hectares of agricultural land. In 2016, Cherkizovo Group produced 903,000 tons of meat products.

Thanks to its vertically integrated structure, which includes grain growing and storage, feed production, livestock breeding, fattening and slaughtering, and meat processing, alongside a distribution system, the Group has consistently delivered stable, long-term growth of both sales and revenue. The Company's consolidated revenue reached RUB 82.4 bn in 2016.

Cherkizovo Group shares are traded on the London Stock Exchange (LSE) and on the Moscow Exchange (MOEX).