| Sadovaya Group S.A., a joint stock company under Luxembourg law, with registered office at 65, boulevard Grande-Duchesse Charlotte L–1331 Luxembourg, registered in the Luxembourg Register of Companies under No. B 153.489, (the “Company"), hereby provides update on coal production in August 2012: Coal sales increased 29% month-on-month Coal mining increased by 31% month-on-month due to launch of the new longwall on Rassvet-1 mine Development of module enrichment complex (MEC) construction (please find photos of the MEC on the next page): on 7th of September modular enrichment complex “Vahrushevsky" started operations in a test mode. Full technological scheme was tested and first tonnes of feed material were successfully enriched. Since 10th of September works to optimize the heavy-media to reach planned output quality parameters and capacity utilization are held. For detailed information about production and MEC construction please see attached file. Legal grounds: article 56.1 in connection with article 56.6 of the Act of 29 July 2005 on the public offering, conditions governing the introduction of financial instruments to organised trading system and on public companies. | |
