On July 7, the Board of Directors of Mostotrest PJSC (hereinafter - the Company) approved a report on the results of submission by shareholders of the Company of Share Repurchase Requests.

The Company announced the share repurchase on the basis of the decision of the Extraordinary General Shareholder Meeting of Mostotrest PJSC of May 18, 2020, which considered restructuring of the Company in the form of spin-off of Roads and Bridges JSC. The repurchase price is RUB220.44 per ordinary share of the Company.

Mostotrest PJSC will repurchase 7,820,613 shares (48% of the total number of shares in free float, 3% of the total number of issued shares of the Company) for a total amount of RUB1,723,975,929.72, representing 8.19% of Mostotrest PJSC net assets.

Shareholders who did not submit shares for redemption will also become shareholders in Roads and Bridges JSC, pro rata to their shareholdings according to the Register as at the date of incorporation of the new JSC.

Contact:

Tel: +7 (495) 669-79-99

Fax: +7 (495) 669-77-11

Email: mostro@mostro.ru

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