Cherkizovo Group's AGM approves 2016 dividend payment

Moscow, Russia - April 14, 2017 - Cherkizovo Group (LSE: CHE; MOEX: GCHE), the largest vertically integrated meat and feed producer in Russia, today announces that the Annual General Meeting of Shareholders ('AGM') has approved a total dividend payment of RUB 600,105,501.45 for 2016.

The dividend rate per ordinary share amounts to RUB 13.65 (3 GDRs correspond to 2 ordinary shares).

The timetable is as follows:

Ex-dividend Date: April 28, 2017

Record Date: May 01, 2017

Payment date for nominees: No later than May 17, 2017

Payment date for all other shareholders: No later than June 07, 2017

The dividends will be paid through Cherkizovo Group's depositary bank The Bank of New York International Nominees, One Wall Street, NY 10286, New York, USA.

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 isthe 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 sales growth and profitability. 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).