MMC Norilsk Nickel (hereinafter, Norilsk Nickel or the company), the largest global nickel and palladium producer, has announced the cancellation of 13,911,346 ordinary shares representing 8.08% of the company’s share capital.

“On June 6, 2013 the Annual General Shareholders’ Meeting of Norilsk Nickel approved an amendment to the Company’s Charter to reduce its share capital by cancellation of 13,911,346 shares,” the Russian company said.

“This amendment was registered by the Federal Tax Service of Russia on August 8, 2012 and the cancellation of a respective amount of shares was reflected in the Company’s share register on August 13, 2013.”

As of the announcement, the share capital of Norilsk Nickel consists of 158,245,476 ordinary shares with all treasury shares being cancelled.

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