OREANDA-NEWS. On January 18, 2007  MMC Norilsk Nickel (Norilsk) received a request to call an Extraordinary General Meeting of its shareholders (“EGM”) from a shareholder representing the Onexim Group, which holds more than 10% of Norilsk’s issued share capital, reported the press-centre of MMC Norilsk Nickel.

Board of Directors of Norilsk decided to convene an in-person Extraordinary General Meeting of shareholders on April 8, 2008. The following items will be included in the agenda of this meeting:

1. Amendments to the Charter of MMC Norilsk Nickel.

2. Early termination of powers of the members of MMC Norilsk Nickel Board of Directors.

3. Election of members of the Board of Directors of MMC Norilsk Nickel.

The record date for the EGM will be January 23, 2008. In accordance with the Federal Law on Joint Stock companies and the decision of the Board of Directors of Norilsk, the shareholders of MMC Norilsk Nickel owning at least 2% of voting shares on the record date have the right to nominate candidates to the Board of Directors of Norilsk to be elected at the EGM before March 10, 2008.

The Board of Directors of Norilsk will provide its recommendations to the shareholders as to the EGM agenda in due course.