Holding(s) in Company

05 January 2016

Urals Energy PCL ("Urals Energy" or the "Company")
Holding(s) in Company

Urals Energy PCL (AIM:UEN), the independent exploration and production company with operations in Russia, announces that the Company has become aware that JP Morgan Chase & Co., and its controlled undertakings no longer have a notifiable interest in the ordinary share capital of the Company.


For further information, please contact:

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

Allenby Capital Limited, Nominated Adviser and Broker
Nick Naylor / Alex Brearley
Tel: +44 (0) 20 3328 5656, www.allenbycapital.com

Media enquiries:

Philip Denis / Quincy Allan
Tel: +44 (0) 20 7398 7710, www.abchurch-group.com


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