TIDMUEN

RNS Number : 7068J

Urals Energy Public Company Limited

13 September 2016

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

13 September 2016

Urals Energy PCL

("Urals Energy" or the "Company")

Settlement of Petraco Loan

Urals Energy (AIM:UEN), the independent exploration and production company with operations in Russia, is pleased to announce, that further to the Company's announcements on 25 May 2016 and 11 August 2016, the loan provided by Petraco Oil Company Limited including accrued interest has now been settled in full.

- Ends -

For further information, please contact:

Urals Energy Public Company Limited

   Andrew Shrager, Chairman                                                  Tel: +7 495 795 0300 
   Leonid Dyachenko, Interim Chief Executive Officer             www.uralsenergy.com

Allenby Capital Limited

Nominated Adviser and Broker

Nick Naylor Tel: +44 (0) 20 3328 5656

Alex Brearley www.allenbycapital.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 13, 2016 07:16 ET (11:16 GMT)

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