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The leading gold producer in Russia

Letter from the Chairman of the Board of Directors

In 2009, Polyus Gold made a significant step forward in implementing its strategy aimed at becoming one of the global top five gold mining companies.

Letter from the General Director

Polyus Gold followed plans for 2009 that formed part of the strategic program, and demonstrated positive improvments in key financial and operational indicators.

Key features of 2009

Successfully completed the acquisition of 50.1% of shares of KazakhGold Group Ltd. Gained access to resource-rich areas of Kazakhstan and Central Asia.

Operating results

In 2009, the Group produced 1,261 thousand ounces of gold compared to 1,222 thousand ounces in 2008, a 3.2% year-on-year growth.