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MMC Norilsk Nickel : THE BOARD OF DIRECTORS OF MMC NORILSK NICKEL NOMINATES NEW MANAGEMENT BOARD OF THE COMPANY



 MMC Norilsk Nickel : THE BOARD OF DIRECTORS OF MMC NORILSK NICKEL NOMINATES
                     NEW MANAGEMENT BOARD OF THE COMPANY

Moscow, April 25, 2013  - The Board  of Directors of  OJSC MMC Norilsk  Nickel 
(hereinafter, MMC  Norilsk Nickel  or the  Company) approved  on Thursday  the 
composition of the new Management Board of the Company.

Starting from April 26, 2013 the Management Board shall include the  following 
members: Vladimir Potanin,  General Director  and Chairman  of the  Management 
Board, Onik Aznauryan (Deputy General  Director for Non-productive Assets  and 
Power Supply Management), Sergey Batekhin  (Deputy General Director - Head  of 
Sales, Commerce  and  Logistics  Unit), Elena  Bezdenezhnykh  (Deputy  General 
Director - Head  of Corporate  Governance, Asset Management  and Legal  Unit), 
Andrey  Bougrov  (Deputy   General  Director  for   Government  and   Investor 
Relations), Larisa  Zelkova (Deputy  General Director  for Social  Policy  and 
Public Relations), Sergey Malyshev (Deputy General Director - Head of  Economy 
and Finance Unit), Nina Plastinina (Director of Internal Control  Department), 
Alexander Ryumin  (Director of  the  Polar Division  of MMC  Norilsk  Nickel), 
Sergey Selyandin (General Director of  OJSC Kola MMC), Pavel Fyodorov  (Deputy 
General Director  for  Strategy  and Business  Development),  Evgeny  Yakovlev 
(First Deputy General Director).

The Board of Directors made a  decision to convene the Annual General  Meeting 
of Shareholders of the Company (AGM) on June 6, 2013, and approved the  agenda 
and the regulations of the  AGM, format and text  of the voting bulletin,  the 
report containing the  motivated position  of the  Board of  Directors of  the 
Company with respect  to items  of the  agenda of the  AGM, as  well as  other 
documents related to the organization of  the AGM. Date of compiling the  list 
of persons eligible to attend the AGM (record date) shall be April 30, 2013.

The Board of Directors recommended that the shareholders approve dividends for
2012 in the amount of RUR 400.83 per ordinary share.

In  addition,  the   Board  approved  recommendations   on  remuneration   and 
reimbursement of expenses of  independent directors, members  of the Board  of 
Directors of the Company.

Alongside with the approval of the amount of dividend payments for FY2012, the
Board of Directors authorized the Company's management to submit for  approval 
to the Board of Directors a  long-term financial strategy reflecting the  main 
clauses of the shareholders' agreement and envisaging substantial  flexibility 
to determine  the amount  of dividends  and capital  investments, taking  into 
account the market situation in order  to ensure the Company's strong  balance 
sheet  and maintain investment grade credit ratings.

Commenting on the decisions made, the  General Director of MMC Norilsk  Nickel 
Vladimir Potanin pointed out:  "We move on towards  the implementation of  the 
key clauses of the shareholders' agreement on the basis of a common vision  as 
to the  Company's business  development. It  is important  that the  long-term 
financial  strategy  will  be  worked  out  in  the  context  of  the  general 
development strategy of the Company and will provide the Company with required
flexibility to determine the amount of payments to secure financial  stability 
under any market scenarios".

For further information, please, contact:

Media Relations:          Investor Relations:
Phone: +7 (495) 797 82 94 Phone: +7 (495) 786 83 20
Email: pr@nornik.ru       Email: ir@nornik.ru

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 on the  Moscow Exchange. ADR's on  the 
Company's shares are traded on the other  the counter market in the US and  on 
the London and Berlin stock exchanges.

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This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: MMC Norilsk Nickel via Thomson Reuters ONE
HUG#1696620
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