OJSC Polyus Gold (RTS, MICEX and LSE - PLZL) (the Company), Russia’s leading gold producer, will release its consolidated financial statements for the year ended 31 December 2007 in accordance with International Financial Reporting Standards (IFRS) on Monday June 9, 2008. The statements will be available at the Company’s web-site www.polyusgold.com  at 3 pm Moscow time (8 a.m. New York and 12 p.m. London).

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Polyus Gold is the largest gold producer in Russia. Headquartered in Moscow, Polyus Gold’s operating mines and development/exploration projects are located in five major gold mining regions of Russia - Krasnoyarsk, Irkutsk, Magadan, Amur regions and the Republic of Sakha (Yakutia). The company produced 1.2 m oz of gold in 2007.

For further information please contact

For investors:
Alexey V. Chernushkin, Director, CM and IR
Evguenia V.Buydina, IR manager
 +7(495) 641-3377
 +7(495) 785-4031
ir@polyusgold.com

For press:
Victoria V. Vergelskaya, PR Director
Elena D. Evstigneeva, Media Relations
 +7 (495) 641-3365
 +7 (495) 544-5496
pr@polyusgold.com