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FEBRUARY 2012 PRODUCTION UPDATE

20-03-2012


KOMISJA NADZORU FINANSOWEGO
Raport bieżący nr 9 / 2012
Data sporzÄ…dzenia: 2012-03-20
Skrócona nazwa emitenta
SADOVAYA GROUP S.A.
Temat
FEBRUARY 2012 PRODUCTION UPDATE
Podstawa prawna
Inne uregulowania
Treść raportu:
Sadovaya Group S.A., a joint stock company under Luxembourg law, with registered office at 412F, route d’Esch, L-2086 Luxembourg, registered in the Luxembourg Register of Companies under No. B 153.489, (the "Company"), hereby provides update on coal production in February 2012:

- Coal sales increased by 4% month-on-month on slow demand recovery from power generating sector since late February

- Sadovaya coal extraction decreased month-on-month due to relining of the cross-section of the main inclined shaft for increased air inflow at Sadovaya mine. Repair works were successfully completed in late February 2012 and since that time the mine has been functioning in a normal mode

- Rassvet-1 coal extraction decreased month-on-month due to depletion of coal resources on one of the longwalls, which is expected to be closed in the nearest month

For detailed information about production please see attached file.

Legal grounds: article 56.1 in connection with article 56.6 of the Act of 29 July 2005 on the public offering, conditions governing the introduction of financial instruments to organised trading system and on public companies.

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