Polyus Gold International Limited

Sale of Romaltyn Mining and Romaltyn Exploration 

Polyus Gold International Limited (LSE – PLGL, OTC (US) – PLZLY, “PGIL” or the “Company”), the largest gold producer in Russia, today announces that it has entered into an agreement with a British Virgin Islands incorporated holding company affiliated with SAT & Company JSC (Kazakhstan) to sell its 100% interest in Romaltyn Mining S.R.L. and Romaltyn Exploration S.R.L through the sale of their Isle of Man holding company, Romaltyn Limited, for a total consideration of USD 20 million.

Completion of the transaction is conditional and is expected in the second quarter of 2012.

Notes to editors

Romaltyn Mining S.R.L. and Romaltyn Exploration S.R.L. hold rights to various mining assets in Romania including a gold treatment plant with a capacity of 2.5 million tonnes of ore and tailings annually (currently not in operation) and a number of exploration properties.

Investor contact
Mikhail Seleznev, Director Investor Relations and Capital Markets 
 +44 (0) 208 528 14 50  ir@polyusgold.com