Meeting of the board of directors of MMC Norilsk Nickel will be held on august 15, 2011

Moscow, August 10, 2011 — OJSC MMCMining and Metallurgical CompanyPublic Joint Stock Company "Mining and Metallurgical Company "Norilsk Nickel"Go to the glossaryGo to the glossary 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 (ADRAmerican Depositary Receipt; a security representing partial ownership in deposited securities of a foreign company certified by receipts issued by a US depositary bankGo to the glossary) buy-back at the price determined considering the conditions offered to UC RUSAL.

PJSC “MMC “NORILSK NICKEL” is a diversified mining and metallurgical company, the world’s largest producer of refined nickel and palladium and a leading producer of platinum, cobalt, copper and rhodium. The company also produces gold, silver, iridium, selenium, ruthenium and tellurium.

The production units of “NORILSK NICKEL” GroupPublic Joint Stock Company "Mining and Metallurgical Company "Norilsk Nickel” and its subsidiariesGo to the glossary include Polar Division, located at the Norilsk Industrial District on Taimyr Peninsula, and Kola Mining and Metallurgical Company located on the Kola Peninsula in Russia as well as Harjavalta nickel refinery in Finland.

PJSC “MMC “NORILSK NICKEL” shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges. PJSC “MMC “NORILSK NICKEL” ADRs trade over the counter in the US and on the London and Berlin Stock Exchanges.