22 December 2011

Directors Declaration

Appointment of Mr Sergey Ermolenko - Director and Chief Executive Officer

Further to the appointment of Mr Sergey Ermolenko as a Director and Chief Executive Officer of Petropavlovsk PLC (the "Company") with effect from 20 December 2011, as detailed in the announcement of the same date, the Company confirms that there are no further details to be disclosed in relation to Mr Ermolenko in accordance with Listing Rule 9.6.13.

ENQUIRIES