Moscow, August 27, 2010 – OJSC MMC Norilsk Nickel («MMC Norilsk Nickel» or «the Company») announces that payment of dividends in the total amount approved by the Annual General Meeting of Shareholders («AGM») was completed on June 28, 2010.
As stated in the AGM resolution, 2009 dividend payable to the Company’s shareholders will be RUB 210 per share. Dividend payments totaled about RUB 40 Bln. or 50% of MMC Norilsk Nickel’s net profit calculated in compliance with IFRS.
By August 27, 2010 dividend payout was fully completed in accordance with the effective law and the resolution of the Annual General Meeting of Shareholders.
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, USA, Australia, Botswana and South Africa.
MMC Norilsk Nickel’s shares are traded at MICEX and 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.
27.08.2010
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