OREANDA-NEWS. May 19, 2011. A regular in-person meeting was held by the Board of Directors of OJSC MMC Norilsk Nickel (hereinafter- MMC Norilsk Nickel or the Company). Among other matters the following issues were discussed during the meeting, reported the press-centre of Norilsk Nickel.

I. Dividend payouts for 2010.
The Board of Directors has recommended to approve the dividend payouts of RUB 180 per share for 2010 at the Annual General Meeting of shareholders (AGM) (to be held on June 21, 2011), in accordance with the current Dividend Policy of MMC Norilsk Nickel.

II. AGM 2011.
The Board of Directors has unanimously approved the agenda and the regulations of the AGM, format and text of the voting bulletin, the Report containing the motivated position of the Board of Directors of the Company with respect to items of the agenda of the AGM, as well as other documents related to the organization of the AGM. Documents, intended for shareholder use, will be available from the open access sources, including the Company’s website, in accordance with the Russian legislation.

III. Reports on the results of Company’s operations in 2010 and Q1 2011.
The Board of Directors has reviewed and pre-approved the 2010 draft Annual report (to be presented to the shareholders at the AGM), 2010 RAS Financial statements, noted the results of the Company’s financial operations in Q1 2011 and commercial product distribution in 2010. Members of the Board of Directors have also recognized the results of the Company’s commercial product distribution in 2010 as positive.