OREANDA-NEWS. October 25, 2010. Vasily Titov, Chairman of the Board of Directors of OJSC MMC Norilsk Nickel (“MMC Norilsk Nickel” or “the Company”) (“EGM”) has signed a protocol of Extraordinary General Meeting of Shareholders of the Company that was held on October 21, 2010, reported the press-centre of Norilsk Nickel.

The agenda of the shareholder meeting as approved by the Board of Directors on August 11, 2010, included following items:

1. Pre-term termination of powers of the Board members of MMC Norilsk Nickel.
2. Election to the Board of Directors of MMC Norilsk Nickel.

Voting results:
The majority of shareholders, following the recommendations of the Board of Directors, voted against on the first item of the EGM agenda to disapprove pre-term termination of the powers of the Board members elected at the Annual General Meeting of shareholders (the AGM), which was held on June 28, 2010. Thus the members of the Board remain the same:

According to results 66795156 votes or 37.88% of those present at the EGM voted for on the first item of the EGM agenda, 82701605 votes or 46.9% of those present at the EGM voted against, and 728691 votes or 0.41% of those present at the EGM abstained.

The calculation of votes was conducted by the registrar in the presence of FSFM representatives. The EGM was held in full compliance with the current legislation of the Russian Federation and regulations of the Company.