Moscow, August 10, 2011 – OJSC MMC Norilsk Nickel (hereinafter – MMC Norilsk Nickel or the Company) announces that in-person meeting of the Company’s Board of Directors will be held on August 15.
On request of the member of the Board of Directors, General Director of Interros Holding Company, S.V. Barbashev the Board of Directors will discuss the issues concerning announcement of the ordinary share and American Depositary Receipts (ADR) buy-back at the price determined considering the conditions offered to UC RUSAL.
ABOUT MMC NORILSK NICKEL:
MMC Norilsk Nickel, a company incorporated under the laws of the Russian Federation, is the largest diversified mining and metals company in Russia, the world's largest producer of nickel and palladium and one of the world's largest producers of platinum, rhodium, copper and cobalt. In addition to this, MMC Norilsk Nickel produces a large number of other by-products, including gold, silver, tellurium, selenium, iridium and ruthenium.
The key production units of the Company’s group in Russia are at the Polar and Kola Peninsulas. MMC Norilsk Nickel international assets include operations in Finland, Australia, Botswana and South Africa.
MMC Norilsk Nickel’s shares are traded at MICEX and RTS. ADRs on the Company’s shares are traded at over the counter market in the US and at the London and Berlin stock exchanges.
Please visit www.norilsknickel.ru for more information about the Company.