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Company Response

28 Aug 2016

Polymetal International plc

Response by Polymetal International

Polymetal takes its environmental and social responsibilities extremely seriously. The Kapan Gold Mine is a new asset for Polymetal after acquiring it from Dundee Precious Metals in April this year. As part of the process of integrating the Kapan Gold Mine into Polymetal Group, a thorough assessment of the mine’s current environmental impact is being conducted. We will be rolling out our Group-wide environmental management system to Kapan, which adheres to national and international standards, legislation and best practice and is designed to protect and improve the ecology in the areas where we operate. We will continue to develop this system and will seek to get it certified...[T]he health and wellbeing of our employees and local communities are of paramount importance to Polymetal and forms a cornerstone of our sustainability strategy. In 2015, we invested US$5.1 million in environmental protection and our Safety and Sustainability Committee, which was created last year, is constantly reviewing how we can further minimise our environmental impact...Following your query, we will further investigate the environmental legacy in the Kapan area with a view to identifying any potential health hazards.