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MMC Norilsk Nickel: MMC NORILSK NICKEL SUCCESSFULLY PLACES USD1 BILLION EUROBONDS

   MMC Norilsk Nickel: MMC NORILSK NICKEL SUCCESSFULLY PLACES USD1 BILLION
                                  EUROBONDS

Not for release, distribution or publication, directly or indirectly, into or
   in the United States, Canada, Australia, Japan or the Russian Federation

Moscow, October 28, 2013 - OJSC MMC Norilsk Nickel (hereinafter, Norilsk
Nickel or the Company), the largest global nickel and palladium producer,
announces today the closing of its USD 1 billion 7-year Eurobond offering with
an annual coupon rate of 5.55%. The proceeds from the issue will be used for
general corporate purposes and capital investments.

This is the first debt instrument issued by the Company under Rule 144A/Reg S
requirements, which make it eligible for qualified US investors. This bond
also becomes the longest duration of any debt instrument that the Company has
ever issued.

The management marketed the bond offering in Europe and the US. Bank of
America Merrill Lynch, Barclays, Citigroup, Société Générale and Sberbank CIB
acted as Joint Lead Managers for the offering. Gazprombank acted as Financial
Advisor to the Company.

Sergey Malyshev, Chief Financial Officer of Norilsk Nickel, said: "We are
delighted with the result of our debut 144A/Reg S transaction, achieved
despite the recent volatility in global interest rates and uncertainty around
the US budget and debt ceiling. This capital raising provides us with
long-term financing at attractive terms and supports the ongoing re-balancing
of our debt portfolio. This placement underscores the investment grade status
of Norilsk Nickel and we reiterate our commitment to maintain it."

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 over the counter market  in the US and  on 
the London and Berlin stock exchanges.

DISCLAIMER

The  information  contained  herein  is  not  for  release,  distribution   or 
publication, directly or indirectly, into  or in the United States  (including 
its territories  and possessions,  any  state of  the  United States  and  the 
District of Columbia), Canada, Australia or Japan. These written materials are
not an offer  to sell or  a solicitation of  an offer to  buy securities  (the 
"Notes") of  MMC Finance  Limited or  OJSC MMC  Norilsk Nickel  in the  United 
States, Canada, Australia  or Japan or  in any other  jurisdiction where  such 
offer or sale would be unlawful.

The Notes have not  been and will  not be registered  under the United  States 
Securities Act  of  1933, as  amended  (the  "Securities Act"),  or  with  any 
securities regulatory  authority of  any state  or other  jurisdiction of  the 
United States.  Consequently, the  Notes  may not  be offered,  sold,  resold, 
transferred, delivered or distributed, directly or indirectly, into or  within 
the United States except  pursuant to an exemption  from, or in a  transaction 
not subject to,  the registration requirements  of the Securities  Act and  in 
compliance  with  any  applicable  securities  laws  of  any  state  or  other 
jurisdiction of the United  States. No public offering  of the Notes is  being 
made in the United States.

This document does  not constitute an  invitation or inducement  to engage  in 
investment activity  within  the meaning  of  the UK  Financial  Services  and 
Markets Act  2000. This  document is  only being  distributed to  and is  only 
directed at: (i) persons who are outside the United Kingdom; (ii) persons  who 
are investment  professionals  within the  meaning  of Article  19(5)  of  the 
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005  (the 
"Order") or (iii) high  net worth entities  and other persons  to whom it  may 
otherwise lawfully be communicated, falling within Article 49(2) of the  Order 
(all such persons together being referred to as "relevant persons"). The Notes
are available only to, and any invitation or offer may be directed at, or  any 
agreement to subscribe for, purchase or otherwise acquire, any securities will
be engaged in only with, in the  United Kingdom, relevant persons and, in  any 
other jurisdiction, persons to  whom it can lawfully  be communicated and  who 
may lawfully engage  in such  investment activity.  Any person  in the  United 
Kingdom who  is  not  a  relevant  person should  not  act  or  rely  on  this 
announcement or any of its contents.

In member states of the European Economic Area, this announcement is  directed 
only at persons who  are "qualified investors" within  the meaning of  article 
2(1)(e)  of   Directive   2003/71/EC  (the   "Prospectus   Directive").   This 
announcement is an advertisement and is  not a prospectus for the purposes  of 
applicable measures implementing the Prospectus Directive.

This document  or  information  contained  herein  is  not  an  offer,  or  an 
invitation to make offers, to sell, exchange or otherwise transfer  securities 
in the Russian  Federation to  or for  the benefit  of any  Russian person  or 
entity and does not constitute an  advertisement or offering of securities  in 
the  Russian  Federation  within  the  meaning  of  Russian  securities  laws. 
Information contained in this document is not intended for any persons in the
Russian Federation who  are not  "qualified investors" within  the meaning  of 
Article 51.2 of the Federal Law no. 39-FZ "On the Securities Market" dated  22 
April 1996, as  amended (the  "Russian QIs") and  must not  be distributed  or 
circulated into Russia or made available in Russia to any persons who are  not 
Russian QIs, unless and to the  extent they are otherwise permitted to  access 
such information  under  Russian  law.  Any securities  referred  to  in  this 
document have  not been  and will  not be  registered in  Russia and  are  not 
intended for "placement", "circulation", "offering" or "advertising" in Russia
(each as  defined  in  Russian  securities laws)  unless  and  to  the  extent 
otherwise permitted under Russian law



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Source: MMC Norilsk Nickel via Thomson Reuters ONE
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