OREANDA-NEWS. On April 08, 2008 MMC Norilsk Nickel (Norilsk, the Company) held an Extraordinary General Meeting of the Company’s shareholders (EGM) in response to a request from shareholders representing interests of Onexim Group, reported the press-centre of Norilsk Nickel.

The EGM agenda comprised the following proposals:

1. Amendments to the Charter of Norilsk.

2. Early termination of powers of the members of Norilsk’s Board of Directors.

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

Preliminary voting results show that shareholders have followed the Board of Directors’ recommendation and voted AGAINST the amendments to the Charter and early termination of powers of the members of Norilsk’s Board of Directors.

Thus the following members retained in the Company’s Board of Directors:
-  Andrei E. Bougrov;

-  Vladimir I. Dolgikh;

-  Andrey A. Klishas (Chairman);

-  Ralph T. Morgan;

-  Denis S. Morozov;

-  Ekaterina M. Salnikova;

-  Guy de Selliers;

-  Kirill L. Ugolnikov;

-  Heinz S. Shimmelbusch.

Denis Morozov, General Director of Norilsk, said: “Today our shareholders clearly expressed their opinion regarding professionalism and outstanding service of the acting Board of Directors, by voting against early termination of powers of the members of the Board. I would like to thank our minority shareholders for their support and active participation in voting in such crucial time for Norilsk.”

Final voting results will be published in accordance with Russian legislation in force.