HMS Hydraulic Machines & System PCL : Group announces results of its Board of Directors meeting

29.09.2017

Moscow, Russia - HMS Hydraulic Machines & Systems Group PLC (LSE: HMSG) announces that the Company's Board of Directors held an ordinary meeting (the 'Meeting') at Four Seasons Hotel, Limassol, Cyprus on September 28, 2017. All of the Company's Directors were present at the Meeting.

The following significant matters were considered, discussed and approved at the Meeting:

• The Audit Committee Report;
• Six months 2017 IFRS Consolidated Financial Statements and the adjusted Financial Plan (budget) for the year 2017.

For more information, please contact:

Alexander Rybin, Head of Capital markets, on telephone: [phone], or email: [e-mail]

Inna Kelekhsaeva, Deputy Head of Capital markets on telephone: [phone] x 1318, or email: [e-mail]

About HMS Group

HMS Group is the leading pump and compressor manufacturer, as well as provider of flow control solutions and related services for the oil and gas, petrochemistry, nuclear and thermal power generation, water and wastewater sectors in Russia and the CIS headquartered in Moscow, Russia. HMS Group's products are mission-critical elements of projects across a diverse range of industries. HMS has a listing on the London Stock Exchange in the form of global depositary receipts (LSE: HMSG).