Moscow, April 28, 2016 - The Board of Directors of MMC Norilsk Nickel (hereinafter 'Norilsk Nickel' or 'the Company' recommended for the AGM approval the dividend payment for the full financial year 2015 in the amount of RUB 230.14 (approximately USD 3.46 at the RUB/USD exchange rate of the Russian Central Bank as of 27.04.16) per one ordinary share. The total dividend distribution will amount to approximately USD 548 million. The Board of Directors has also proposed to set the dividend record date on June 21, 2016.

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OJSC MMC Norilsk Nickel issued this content on 28 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 April 2016 06:44:11 UTC

Original Document: http://www.nornik.ru/en/newsroom/news-and-press-releases/press-releases/norilsk-nickel-board-of-directors-recommends-fy2015-dividend-of-rub-230-per-share