DGAP-Regulatory: MMC Norilsk Nickel: NORNICKEL ANNOUNCES THE SALE OF STAKE IN THE BYSTRINSKY PROJECT

21 Jul 2016 14:35

MMC Norilsk Nickel / Miscellaneous - High PriorityMMC Norilsk Nickel: NORNICKEL ANNOUNCES THE SALE OF STAKE IN THE BYSTRINSKYPROJECT 21-Jul-2016 / 15:35 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. --------------------------------------------------------------------------- NORNICKEL ANNOUNCES THE SALE OF STAKE IN THE BYSTRINSKY PROJECT Moscow, July 21, 2016 - Highland Fund ('Investor'), a consortiumestablished by prominent Chinese investment funds and corporations, madepayment for a share in the joint venture set up together with the PJSC 'MMC'Norilsk Nickel' (hereinafter Nornickel or the Company) to developBystrinsky project in compliance with the signed Agreement. The payment has been made after the Russian Government Commission onMonitoring Foreign Investment had approved acquisition of stake in theproject by the Investor. Transaction proceeds will be used for project development purposes. ABOUT THE COMPANY Nornickel is a diversified mining and metallurgical company, the world'slargest producer of refined nickel and palladium and a leading producer ofplatinum, cobalt, copper and rhodium. The company also produces gold,silver, iridium, selenium, ruthenium and tellurium. The production units ofNornickel include Polar Division, located at the Norilsk IndustrialDistrict on Taimyr Peninsula, and Kola Mining and Metallurgical companylocated on the Kola Peninsula in Russia as well as Harjavalta nickelrefinery in Finland. Nornickel shares are listed on the Moscow and on theSaint-Petersburg Stock Exchanges. Nornickel ADRs trade over the counter inthe US and on the London and Berlin Stock Exchanges. Media Relations: Investor Relations: Phone: +7 (495) 785 58 00 Phone: +7 (495) 786 83 20 Email: pr@nornik.ru Email: ir@nornik.ru --------------------------------------------------------------------------- 21-Jul-2016 The EquityStory.RS, LLC Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases.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: 3266 Time of Receipt: 21-Jul-2016 / 15:35 CET/CEST End of Announcement EquityStory.RS, LLC News Service --------------------------------------------------------------------------- 484813 21-Jul-2016

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