OREANDA-NEWS. October 11, 2010. OJSC MMC Norilsk Nickel (hereinafter - MMC Norilsk Nickel or the Company) informs that in the statement of claim received by the Company from its shareholder Gardenstate Holdings Limited, the claimant requests to declare invalid the decision made by the Board of Directors of MMC Norilsk Nickel on September 23, 2010, reported the press-centre of Norilsk Nickel.

The following points are included in the claimant’s petition filed with the Court of Arbitration of the Krasnoyarsk Territory:

1. Deem unlawful the actions of LLC UC RUSAL Investment Management related to the submission of two essentially different copies of their charter with the same reference information (date, registration No.) and certified by the same public notary;
2. Deem invalid the decision made by the Board of Directors of MMC Norilsk Nickel on September 23, 2010.

Both MMC Norilsk Nickel and LLC UC RUSAL Investment Management will act as defendants in the law suit.