OREANDA-NEWS. JSC “Polymetal” (LSE, MICEX, RTS: PMTL) (“Polymetal” or the “Company”) will release its audited US GAAP consolidated financial statements for the twelve months ended December 31, 2007, on or before Friday, July 11, reported the press-centre of Polymetal.

This technical delay is caused by the necessity to have a subsequent event — change of control that occurred in June 2008 — accurately and fully reflected in the financial statements.

In 2007, Polymetal appointed Deloitte and Touche as its US GAAP auditor; in 2002-2006, PricewaterhouseCoopers was the Company’s auditor.