Norilsk Nickel Group made tender offer to OGK-3 shareholders

Today, on May 2, 2007, in accordance with Russian law OJSC Norilsk Zavenyagina Mining and Metallurgical Works, a company of the Norilsk Nickel Group, submitted to OJSC “The Third Generation Company of the Wholesale Electricity Market ” (“OGK-3”) the mandatory tender offer for shares of OGK-3 at a price of 4.54 rubles per share.

The period in which the mandatory tender offer may be accepted by OGK-3 shareholders comprises 77 days from receipt of the mandatory tender offer by OGK-3, reports press-center of Norilsk Nikel.