DGAP-Regulatory: MMC Norilsk Nickel: NORILSK NICKEL BOARD OF DIRECTORS RECOMMENDS FY2015 DIVIDEND OF RUB 230 PER SHARE

28 Apr 2016 08:30

MMC Norilsk Nickel / Miscellaneous - High PriorityMMC Norilsk Nickel: NORILSK NICKEL BOARD OF DIRECTORS RECOMMENDS FY2015DIVIDEND OF RUB 230 PER SHARE 28-Apr-2016 / 08:30 CET/CESTDissemination of a Regulatory Announcement, transmitted by EquityStory.RS,LLC - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- NORILSK NICKEL BOARD OF DIRECTORS RECOMMENDS FY2015 DIVIDEND OF RUB 230 PERSHARE Moscow, April 28, 2016 - The Board of Directors of MMC Norilsk Nickel(hereinafter 'Norilsk Nickel' or 'the Company' recommended for the AGMapproval the dividend payment for the full financial year 2015 in theamount of RUB 230.14 (approximately USD 3.46 at the RUB/USD exchange rateof the Russian Central Bank as of 27.04.16) per one ordinary share. Thetotal dividend distribution will amount to approximately USD 548 million.The Board of Directors has also proposed to set the dividend record date onJune 21, 2016 The Board of Directors of the Company decided to support the Olympic skiresort Rosa Khutor by approving a 3-year financing programme of thisfacility via acquiring shares of Belfund Investments Limited for a totalconsideration of USD 250.5 million. The acquisition of the shares will beexecuted in several installments during 2016-2017. This decision was madein full accordance with Norilsk Nickel's dedicated programme to supportmass sports in Russia. The Board of Directors aslo approved the new structure of the Company'sManagement Board which shall include the following members: VladimirPotanin - Chairman of the Management Board and the President, OnikAznauryan, Sergey Batekhin, Elena Bezdenezhnykh, Andrei Bougrov, VladislavGasumyanov, Sergey Dyachenko, Marianna Zakharova, Larisa Zelkova, ElenaKondratova, Sergey Malyshev, Nina Plastinina, Alexander Ryumin. For further information, please, contact: Media Relations: Investor Relations: Phone: +7 (495) 785 58 00 Phone: +7 (495) 786 83 20 Email: pr@nornik.ru Email: ir@nornik.ru ABOUT NORILSK NICKEL: Public Joint-Stock Company Mining and Metallurgical Company Norilsk Nickelis a diversified mining and metallurgical company, the world's largestproducer of nickel and palladium and a leading producer of platinum,cobalt, copper and rhodium. In addition, the Company produces gold, silver,iridium, selenium, ruthenium and tellurium. The production units of Norilsk Nickel are located in Russia at the NorilskIndustrial District and on the Kola Peninsula, as well as in Finland. Norilsk Nickel's shares are listed on the Moscow and on theSaint-Petersburg Stock Exchanges. Norilsk Nickel ADRs trade over thecounter in the US and on the London and Berlin Stock Exchanges. --------------------------------------------------------------------------- 28-Apr-2016 The EquityStory.RS, LLC Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases.Media archive at www.dgap.de/ukreg --------------------------------------------------------------------------- Language: English Company: MMC Norilsk Nickel 1 st Krasnogvardeysky av., 15 123100 Moscow Russia Internet: www.nornik.ru ISIN: US55315J1025 WKN: A140M9 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart; Open Market in Frankfurt ; London, Nasdaq Category Code: MSCH TIDM: MNOD Sequence Number: 3119 Time of Receipt: 28-Apr-2016 / 08:30 CET/CEST End of Announcement EquityStory.RS, LLC News Service --------------------------------------------------------------------------- 458523 28-Apr-2016

UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.