The Board of Polyus Gold International Limited announces that it has appointed German Pikhoya as Chief Executive Officer and Oleg Ignatov as Chief Financial Officer.  Evgeny Ivanov (formerly Executive Director) has been appointed President of the Company.

 Enquiries:

 Polyus Gold International Limited

 Alexey V. Chernushkin, Director, Capital Markets and IR
 +44 (0) 208 528 1450
 
Anton A. Arens, PR Director
 +44 (0) 208 528 1450
 +44 (0) 208 528 1020