DGAP-UK-Regulatory: Mining and Metallurgical Company NORILSK NICKEL PJSC (spons. ADRs)

EQS-Regulatory: MMC Norilsk Nickel: NORILSK NICKEL SIGNED THE CONTRACT ON SULPHUR PROJECT WITH SNC-LAVALIN

MMC Norilsk Nickel / Miscellaneous - Medium Priority MMC Norilsk Nickel: NORILSK NICKEL SIGNED THE CONTRACT ON SULPHUR PROJECT WITH SNC-LAVALIN

10-Nov-2016 / 08:45 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EquityStory.RS, LLC - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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PRESS RELEASE

NORILSK NICKEL SIGNED THE CONTRACT ON SULPHUR PROJECT WITH SNC-LAVALIN

November 10, 2016, Moscow - PJSC «MMC «NORILSK NICKEL» (hereinafter Nornickel or the Company) has signed the contract on sulfur dioxide capture project for Nadezhda Metallurgical Plant located at the Company's Polar Division (hereinafter NMP Sulphur Project) with SNC-Lavalin, Canada. The Board of Directors of the Company approved the contract on November 7, 2016.

The contract is divided into two phases: developing a detailed project design documentation (first phase) and execution of the project (second phase). Decision on the second phase will be taken by the Company upon completion of the first phase.

Contract value is approximately USD 1.7 billion excluding VAT.

NMP Sulphur Project is a major environmental initiative forming an inherent part of the Company's downstream modernization program. The project targets a drastic reduction of sulphur dioxide emissions through implementation of the most efficient technical solutions.



ABOUT THE COMPANY

PJSC «MMC «NORILSK NICKEL» is a diversified mining and metallurgical company, the world's largest producer of refined nickel and palladium and a leading producer of platinum, cobalt, copper and rhodium. The company also produces gold, silver, iridium, selenium, ruthenium and tellurium.

The production units of «NORILSK NICKEL» Group include Polar Division, located at the Norilsk Industrial District on Taimyr Peninsula, and Kola Mining and Metallurgical Company located on the Kola Peninsula in Russia as well as Harjavalta nickel refinery in Finland.

PJSC «MMC «NORILSK NICKEL shares are listed on the Moscow and on the Saint- Petersburg Stock Exchanges. PJSC «MMC «NORILSK NICKEL» ADRs trade over the counter in the US and on the London and Berlin Stock Exchanges.

Media Relations: Investor Relations:

Phone: +7 (495) 785 58 00 Phone: +7 (495) 786 83 20

Email: pr@nornik.ru Email: ir@nornik.ru

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Language: English Company: MMC Norilsk Nickel 1 st Krasnogvardeysky av., 15 123100 Moscow Russia Internet: www.nornik.ru ISIN: US55315J1025 WKN: A140M9 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart; Open Market in Frankfurt ; London, Nasdaq Category Code: MSCM TIDM: MNOD Sequence Number: 3582 Time of Receipt: 10-Nov-2016 / 08:45 CET/CEST End of Announcement EquityStory.RS, LLC News Service ---------------------------------------------------------------------------

519341 10-Nov-2016