OJSC MMC Norilsk Nickel reports acknowledged the best

OJSC MMC NORILSK NICKEL (hereinafter Norilsk Nickel or the Company) gained various awards of the XV Annual contest of annual reports organized by OJSC “Moscow Stock Exchange”.

The contest is held since 1998 all the way contributing for propaganda of advanced experiences in the field of information disclosure to the benefit of investors and clients and is one of the most important annual events in the sphere of Russian investor relations. The jury of the contest is represented by professional brokers, state functionaries, professional communities and independent experts.

The Companies’ projects presented to the contest this year were highly appreciated by the jury. Social responsibility and corporate stability report of the Company received #1 award and a Best report on corporate social responsibility of the Company (hereinafter – CSR report) nomination of the Russian industrial and business union (RIBU).

OJSC MMC NORILSK NICKEL began publishing social reports since 2005 in order to inform the public opinion on principles, goals, practical results and perspectives of the Company's activity in the field of stable development. The practice of annual CSR reports nourishes the system of corporate social reports in line with the international standards, developing new angles for the Company’s policy in the field of social responsibility permitting in the long run to constantly increase the efficiency of corporate governance..

The 2011 CSR report is based on G3.1 version of the Manual on reporting stable development elaborated by international entity Global Reporting Initiative, (GRI). The CSR report preparation comprehends a monitoring of the correspondence of the data exposed in the report to the Guidelines on social responsibility - ISO 26000, as well as recommendations of the RIBU Council on non-financial reporting. All social reports of the Company were independently scrutinized by international auditing companies (PricewaterhouseCoopers, Ernst&Young (CIS), Deloitte Touche (CIS). The 2009, 2010 and 2011 CSR reports received opinions of the RIBU Council on non-financial reporting for eventual validation.

Besides, the Company gained a special Bloomberg award for The best annual report for analysts and won the Best Corporate Site award.

A competent information disclosure on different fields of the Company’s activity is one of the strong points of OJSC MMC NORILSK NICKEL. The Company upgrades permanently the methodology in order to provide the investors and clients with a universal set of instruments to obtain information about the Company’s activity.