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Re: Soapy Bubbles post# 7

Thursday, 11/06/2008 1:19:33 AM

Thursday, November 06, 2008 1:19:33 AM

Post# of 20
Oleg Pivovarchuk entered Management Board as the First Deputy General director


Moscow, October 21, 2008 – The Board of Directors of MMC Norilsk Nickel (MMC Norilsk Nickel or the Company) introduced Oleg Pivovarchuk into the Management Board as the First Deputy General Director.

The Board of Directors highly appreciated professional merits and wide experience of Oleg Pivovarchuk and unanimously supported MMC Norilsk Nickel management’s initiative.

As the First Deputy General Director Oleg Pivovarchuk will supervise the Company’s external economic activities.
Pivovarchuk О.М. owns no shares or options for the acquisition of shares in MMC Norilsk Nickel, its subsidiaries or dependent companies.

“I’m grateful to MMC Norilsk Nickel’s management for the confidence given to me and I hope that my knowledge and experience will positively contribute to the Company’s development and to overcoming successfully the difficulties the Russian economy is now facing”, said Oleg Pivovarchuk.

BRIEF CV:

Pivovarchuk Oleg Modestovich

Born in 1953.

In 1975 graduated from Moscow Institute of Steel and Alloys with the qualification ‘engineer-metallurgist’, in 1992 graduated from the Russian Academy of Foreign Trade with the qualification ‘economist’.

Worked in Foreign Trade Association Metallurgimport (the Ministry of Foreign Trade, the Ministry of External Economic Relations of the USSR), occupied positions of Deputy General Director of MC Dinamo, Deputy Director for External Economic Activities of OJSC AvtoVAZ, Executive Director of Dinamo-Telecom.

Good command of English.

ABOUT MMC NORILSK NICKEL:

MMC Norilsk Nickel, a corporation incorporated under the laws of the Russian Federation, is the largest diversified mining and metals company in Russia, the world's largest producer of nickel and palladium and one of the world's largest producers of platinum, rhodium, copper and cobalt. In addition to this, MMC Norilsk Nickel produces a large number of other by-products, including gold, silver, tellurium, selenium, iridium and ruthenium.

The key production units of the Company’s group in Russia are the Polar Division and OJSC Kola Mining and Metallurgical Company. MMC Norilsk Nickel international assets include operations in Finland, Australia, Botswana and South Africa. MMC Norilsk Nickel is the majority shareholder in Stillwater Mining Company, the largest producer of platinum group metals in North America, whose shares are traded on the New York Stock Exchange.



21.10.2008