2 January 2025 

Steppe Cement Limited  

("Steppe Cement" or the "Company") 

 Capital Repayment Payment  

Further to the announcement released by the Company on 12 December 2024, Steppe Cement confirms that it made a Capital Repayment on 31 December 2024 of USD4,200,000 in cash, paid in GBP, representing 1.5093 pence per ordinary share of no par value each.  

Terms used in this announcement, but which are otherwise undefined shall have the same meanings as set out in the Circular dated 15 November 2024. 

For further information, please contact:  

Steppe Cement Limited                                                                                                    www.steppecement.com 

Javier del Ser Pérez, Chief Executive Officer                                                                       Tel: +(603) 2166 0361 

Strand Hanson Limited (Nominated & Financial Adviser and Broker)          www.strandhanson.co.uk  

James Spinney / Ritchie Balmer / Robert Collins                                                                Tel: +44 20 7409 3494