OREANDA-NEWS. MMC Norilsk Nickel (the “Company”) received notification from group Onexim, which represents a shareholder of the Company with a total shareholding in MMC Norilsk Nickel that amounts to over 10% of allocated voting shares of the Company, with a demand to call an extraordinary General meeting of shareholders (the “EGM”) in person with the following issues to be included in the agenda of the EGM:

1. Early termination of authorities of members of the Board of Directors of MMC Norilsk Nickel.
2. Election of members of the Board of Directors of MMC Norilsk Nickel.

In accordance with federal law on Joint Stock Companies the Board of Directors of MMC Norilsk Nickel on its next meeting, which is scheduled on August 9, 2007, will consider above mentioned demand.