OREANDA-NEWS. September 30, 2011. OJSC MMC Norilsk Nickel informs that Norilsk Nickel Investments Ltd. (“NN Investments”, “we,” “our” or “us”), a direct wholly owned subsidiary of OJSC MMC Norilsk Nickel (“Norilsk Nickel”), is offering to purchase in cash from certain holders of the issued and outstanding Common Shares and ADSs (the Common Shares and ADSs, individually or together, the “securities” and each a “security”) up to 14,705,882 Common Shares (in any combination of Common Shares and ADSs) (the “Maximum Number of Securities”) at a purchase price of USD 306.00 per Common Share (payable in Russian Rubles as described below) or USD 30.60 per ADS (the “Purchase Price”), upon the terms and subject to the conditions set forth in the Offer Memorandum and, with respect to tendering Common Shares and ADSs, in the related Common Shares Letter of Transmittal and ADSs Letter of Transmittal (together, the “Letters of Transmittal,” which, together with the Offer Memorandum, constitute the “Offer”), reported the press-centre of Norilsk Nickel.

THIS OFFER WILL EXPIRE AT 8:00 A.M., NEW YORK CITY TIME,
ON OCTOBER 28, 2011 (OR 4:00 P.M., MOSCOW TIME, ON OCTOBER 28, 2011), UNLESS THIS OFFER IS EXTENDED (THE “EXPIRATION TIME”).

More details can be found at nnbuyback.com