Cherkizovo Group Announces Results of Share Buyback Offer

Moscow, Russia - 10 October 2017 - Cherkizovo Group (LSE: CHE; MOEX: GCHE), the largest vertically integrated meat and feed producer in Russia, today announces the results of a share buyback offer.

Cherkizovo Group announces that, pursuant to the LLC AIC MIKHAILOVSKY share buyback offer announced on 13 September 2017, an aggregate of 73,407 shares and 503,293 GDRs, corresponding to 0.93% of the Group's share capital have been purchased for the total amount of around RUB 532 million.

Following the offer, the controlling shareholder of Cherkizovo Group, together with its affiliates, controls 89.5% of the Group's equity.

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).