OREANDA-NEWS. Mitsui & Co., Ltd. has agreed to sell a further portion of its shareholdings in QIWI PLC ("QIWI") in a secondary public offering ("SPO"). QIWI is a leading provider of next generation payment services in Russia and the CIS, and American Depositary Share ("ADS") representing Class B shares of QIWI have been trading on the NASDAQ since May, 2013.

1. Number of shares to be sold by Mitsui
ADSs representing Class B shares of QIWI: 3,500,000 shares (assuming no exercising of overallotment option)
Remarks 1: If overallotment option is exercised, number of shares to be sold by Mitsui will be up to 4,025,000.
Remarks 2: Credit Suisse Securities (USA) LLC was appointed as the sole book-running manager for the SPO and as representative of the various underwriters.
Remarks 3: Mitsui holds Class A shares which confer 10 votes per share upon the holder. For the purposes of the SPO, each Class A share to be sold in the offering will be converted into a Class B share conferring 1 vote upon its holder. The ADSs will be issued in respect of such Class B shares.

2. Offering Price
USD 30.50 per Class B Share (ADS).