Cherkizovo Group Announces Results of
Meeting of Board of Directors

Moscow, Russia - 13 September 2017 - Cherkizovo Group (LSE: CHE; MOEX: GCHE), the largest vertically integrated meat and feed producer in Russia, today announces the results of the meeting of the Board of Directors held on 12 September 2017.

At the meeting, the Board took into consideration the report of the chairman of the Investment and Strategic Planning Committee and information on plans to acquire the Group's securities from non-affiliated entities. The Board of Directors approved the text of the offer of the legal entity controlled by the Group for the acquisition of securities of the Group.

The Board of Directors decided to approve the Regulations of the Corporate Secretary of Cherkizovo Group in its revised form.

The reports of the chairman of Audit Committee and the chairman of Personnel and Remuneration Committee, along with updates on the performance and status of projects the Board had previously approved, will be reviewed at the next in-person meeting of the Board of Directors.

For more information please visit http://www.cherkizovo.com or contact

Cherkizovo Group

Dmitry Mironov

Head of Investor Relations

+7 (495) 660 24 40 ext. 15962

d.mironov@cherkizovo.com

About Cherkizovo Group

Cherkizovo Group is the largest meat and feed producer in Russia. The Group is a top-3 producer in each of the Russian poultry, pork and processed meat markets and is the largest feed manufacturer in the country.

Cherkizovo Group encompasses eight full cycle poultry production facilities, 15 modern pork production facilities, six meat processing plants, eight feed mills and more than 287,000 hectares of agricultural land. The Group also includes Tambov Turkey facility, a joint Russian-Spanish venture. In 2016, Cherkizovo Group produced 903,000 tonnes of meat and 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 delivered long-term sales growth and profitability. The Group's consolidated revenue was RUB 82.4 billion in 2016.

Cherkizovo Group shares and GDRs are traded on the Moscow Exchange (MOEX) and the London Stock Exchange (LSE).