OREANDA-NEWS. May 28, 2010. JSC “Polymetal” (LSE, MICEX, RTS: PMTL) (“Polymetal” or the “Company”) has received a notification that following the semi annual review of the FTSE Gold Mines Index (“Index”), the FTSE Gold Mines Index Committee announced inclusion of Polymetal in the Index, which will become effective on June 21, 2010, reported the press-centre of Polymetal.

The FTSE Gold Mines Index is designed to reflect the performance of the world-wide market in the shares of companies whose principal activity is the mining of gold. Eligibility is based on the quantity of gold production. All Index values are denominated in US dollars.

FTSE is an independent company jointly owned by The Financial Times and the London Stock Exchange and is a world-leader in the creation and management of over 120,000 equity, bond and alternative asset class indices.

ABOUT POLYMETAL
Polymetal is a Russian gold and silver miner with operations and development projects in Russia and Kazakhstan. The Company produced 0.6 million of gold equivalent ounces in 2009 and is targeting to double its total production by 2012 mostly as a result of commissioning of the new projects, all of which are now under construction. A key element of Polymetal’s strategy is creation of processing hubs with the goal to ensure the most efficient and responsible utilization of financial and human capital by treating ores and concentrates from various sources at centralized locations.