Saint-Petersburg, Russia, March 21, 2012 - JSC
"Polymetal" (MICEX-RTS: PMTL)
("Polymetal" or the "Company") previously
announced on January 23, 2012 its intention to apply for
cancellation of the listing of its global depositary receipts
("GDRs") each representing one ordinary share of
RUB0.20 in Polymetal from the Official List of the Financial
Services Authority (the "FSA") and from trading on
the regulated market of London Stock Exchange plc (the
"LSE") (the "GDR Delisting"). The Company
further announced on February 17, 2012 that the GDR Delisting
was expected to occur on March 21, 2012.
At 8:00 a.m. London time today the FSA announced that the
GDRs are cancelled from its Official List with effect from
that time. The LSE also announced at that time today that the
GDRs are cancelled from admission to trading on the LSE with
effect from that time.
This press release was issued by OAO Polymetal and was initially posted at http://www.polymetal.ru/en/242/25484 . It was distributed, unedited and unaltered, by noodls on 2012-03-21 11:17:48 AM. The issuer is solely responsible for the accuracy of the information contained therein.