Announcement on the commencement of the Buy-Back Programme in respect of the U.S.$350,000,000 8.75 per cent. Loan Participation Notes due 2022 issued by Bonitron Designated Activity Company

THIS ANNOUNCEMENT MAY CONTAIN INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF REGULATION (EU) NO 596/2014 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL OF 16 APRIL 2014 ON MARKET ABUSE (THE “MARKET ABUSE REGULATION”) AND IS DISCLOSED IN ACCORDANCE WITH THE ISSUER'S OBLIGATIONS UNDER ARTICLE 17 OF THE MARKET ABUSE REGULATIONS.

04 March 2020

Bonitron Designated Activity Company (“Bonitron”) announces that Eurotorg LLC (“Eurotorg”), the Borrower under the U.S.$350,000,000 8.75 per cent. Loan Participation Notes due 2022 (XS1577952010) (whereof U.S.$340,361,000 remain outstanding of which U.S.$77,684,000 are held by Eurotorg) issued by Bonitron (the “Notes”), is commencing a buyout programme for available Notes at the maximum amount of U.S.$ 10,000,000 during the period commencing on 04.03.2020 and ending on 30.04.2020. Notes purchased will be cancelled or held in treasury.

Eurotorg entered into an investment services agreement with Renaissance Securities (Cyprus) Limited (“RenCap”) under which RenCap will, for and on behalf of Eurotorg, execute orders to purchase the Notes in the open market or by a private agreement.

For further information please contact:

EM (public relations advisor to Eurotorg)

Denis Denisov denisov@em-comms.com +7 985 410 3544	Peter Morley morley@em-comms.com +44 7927 186 645
Tom Blackwell blackwell@em-comms.com +7 919 102 9064	Maria Levitov levitov@em-comms.com +44 7553 092 429

Eurotorg LLC

Andrei Matsiavin
MatyavinA@eurotorg.by
+375 44 5006545

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