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

EQS-Regulatory: MMC Norilsk Nickel: NORILSK NICKEL BOARD OF DIRECTORS RECOMMENDS INTERIM DIVIDEND FOR 9 MONTHS OF 2016

MMC Norilsk Nickel / Miscellaneous - High Priority MMC Norilsk Nickel: NORILSK NICKEL BOARD OF DIRECTORS RECOMMENDS INTERIM DIVIDEND FOR 9 MONTHS OF 2016

11-Nov-2016 / 07:30 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.

---------------------------------------------------------------------------

PRESS RELEASE

NORILSK NICKEL BOARD OF DIRECTORS RECOMMENDS INTERIM DIVIDEND FOR 9 MONTHS OF 2016

November 11, 2016 Moscow - PJSC «MMC «NORILSK NICKEL» (hereinafter Nornickel or the Company), the largest global nickel and palladium producer, reports that its Board of Directors calls an Extraordinary General Meeting of shareholders (EGM) on December 16, 2016.

The Board of Directors has recommended for the EGM approval an interim dividend payment for nine months of 2016 in the amount of RUB 444.25 (approximately USD 6.95 at the RUB/USD exchange rate of the Russian Central Bank as of 10.11.2016) per one ordinary share.

The Board of Directors has set the EGM record date (the list of shareholders eligible to vote) on November 21, 2016 and has proposed to set the interim dividend record date (the list of shareholders entitled to the interim dividend) on December 28, 2016.

The interim dividend distribution will amount to approximately USD 1.1 billion.



This announcement contains inside information in accordance with Article 7 of EU Regulation 596/2014 of 16 April 2014.

Full name and position of person making the announcement - Vladimir Zhukov, Vice - president, Investor Relations



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

---------------------------------------------------------------------------

The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de/ukreg

---------------------------------------------------------------------------

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: MSCH TIDM: MNOD Sequence Number: 3586 Time of Receipt: 11-Nov-2016 / 07:30 CET/CEST End of Announcement EquityStory.RS, LLC News Service ---------------------------------------------------------------------------

519617 11-Nov-2016