Petropavlovsk PLC Watch

from CB/A 2 pages Notice to the Bondholders of the Outstanding

from CB/A 1 page Notice to the Bondholders Petropavlovsk 2010 Limited (Incorporated With Limited Liability in Jersey With Registered Number 104830) US$380,000,000 4.00 Per Cent Guaranteed Convertible Bonds Due 2015 (Of Which US$310,500,000 in Principal Amount Remain Outstanding) Isin: Xs0482875811 (The Bonds) Convertible Into Redeemable Preference Shares of Petropavlovsk 2010 Limited Which Are Guaranteed By, and Will Be Exchangeable Immediately Upon Issuance For, Ordinary Shares in Petropavlovsk PLC

from CB/A 2 pages Petropavlovsk 2010 Limited (Incorporated With Limited Liability in Jersey With Registered Number 104830) (The Issuer) US$380,000,000 4.00 Per Cent Guaranteed Convertible Bonds Due 2015 (Of Which US$310,500,000 in Principal Amount Remain Outstanding) Isin: Xs0482875811 (The Bonds) Convertible Into Redeemable Preference Shares of Petropavlovsk 2010 Limited Which Are Guaranteed By, and Will Be Exchangeable Immediately Upon Issuance For, Ordinary Shares in Petropavlovsk PLC

from 424B3 ~20 pages Underwriting agreement

from F-6 ~50 pages Peter Hambro Mining PLC, the Bank of New York, as Depositary and All Owners and Beneficial Owners From Time to Time of American Depositary Receipts Issued Hereunder Deposit Agreement Dated as of , 2003 Deposit Agreement