4 July 2012, Novosibirsk — Siberian Anthracite, one of the world’s largest producers of Ultra High Grade (UHG) anthracite, announces that it has signed a contract with Novosibirskavtodor to build a 6km section of the Iskitim-Ust-Chem bypass road. Work on the project is already underway.

The agreement covers construction of the 5.853km-long first stage of the bypass between Iskitim 7 km and Ust-Chem 49 km in the Iskitim district of Novosibirsk region.

The section will be a 7m-wide two-lane road, with a speed limit of 100 km/h. The first phase of construction includes preparatory work, levelling and drainage, a temporary road surface, and installation of barrier fencing and traffic signs.

Work on the project started on June 22, 2012. Completion is planned for October.

“Construction of this road forms part of Siberian Anthracite’s plans to develop the necessary infrastructure for the proposed combination of the Krutihinsky and Severny open pits at the Kolyvansky deposit,” said Sergey Korolev, Siberian Anthracite’s Head of Business Development.

Media contacts

Maria Grigoreva Head of Public Relations +7 495 956 35 33 MGrigoreva@sibanthracite.ru

Tom Blackwell M:Communications +7 495 363 2841 Blackwell@mcomgroup.com

About Siberian Anthracite

JSC Siberian Anthracite is one of the world’s leading producers of ultra high grade (UHG) anthracite. The company carries out open-pit mining at deposits in the Gorlovsky coal basin in the Novosibirsk region of western Siberia. In late 2006 Siberian Anthracite launched a 10-year investment programme to create a world-leading UHG anthracite mining and processing facility. To date, the company has upgraded and constructed extraction, processing and transport infrastructure, and substantially overhauled and expanded its fleet of mining equipment and machinery. Run-of-mine anthracite volumes have almost tripled since 2009, reaching 3.4 million tonnes in 2011. www.sibanthracite.ru