MMC Norilsk Nickel : ANNOUNCES THE CANCELLATION OF TREASURY SHARES

      MMC Norilsk Nickel : ANNOUNCES THE CANCELLATION OF TREASURY SHARES

Moscow, August 13, 2013 - MMC  Norilsk Nickel (hereinafter, Norilsk Nickel  or 
the Company),  the largest  global nickel  and palladium  producer,  announces 
today the cancellation of 13,911,346 ordinary shares representing 8.08% of the
Company's share capital.

On June 6,  2013 the Annual  General Shareholders' Meeting  of Norilsk  Nickel 
approved an amendment to the Company's Charter to reduce its share capital  by 
cancellation of  13,911,346  shares.  This amendment  was  registered  by  the 
Federal Tax Service  of Russia on  August 8,  2012 and the  cancellation of  a 
respective amount of shares was reflected  in the Company's share register  on 
August 13, 2013.

As of  today the  share  capital of  Norilsk  Nickel consists  of  158,245,476 
ordinary shares with all treasury shares being cancelled.

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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Source: MMC Norilsk Nickel via Thomson Reuters ONE
HUG#1722757
 
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