Moscow, January 29, 2013 - an Extraordinary General Meeting of shareholders of MMC Norilsk Nickel (further, MMC Norilsk Nickel or the Company) was held today in Moscow. The meeting was held in absentia.

According to the preliminary voting results, the EGM adopted the resolution on reduction of MMC Norilsk Nickel's charter capital by RUB 18,470,925 to RUB 172,156,822 by redemption of 18,470,925 ordinary shares of MMC Norilsk Nickel with the nominal value of RUB 1 per share (9.69% of the charter capital of the Company), acquired by the Company as a result of dissolution of Norilsk Nickel Investments Ltd.

Moreover, according to the preliminary voting results, the EGM adopted the resolution to make amendments into MMC Norilsk Nickel's Charter so that resolutions on election and termination of powers of the General Director should be adopted unanimously by all elected members of the Board of Directors. Earlier such resolutions could be passed by a majority of two thirds of votes of the Company's Board of Directors.

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 Taymyr 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-RTS. ADR's on the Company's shares are traded on the other the counter market in the US and at the London and Berlin stock exchanges.

29.01.2013



distributed by