Moscow – PJSC MMC Norilsk Nickel (“Norilsk Nickel” or the “Company”), the world's largest refined nickel and palladium producer, announces that it has been informed that on February 16, 2018 a hearing on an application for an injunction brought by the Company’s shareholder, UC Rusal Plc (“Rusal”) in the High Court in London against Crispian Investments Limited (“Crispian”) and Whiteleave Holdings Limited (“Whiteleave”), the Company’s shareholders, in connection with the sale of shares in the Company from Crispian to Whiteleave and Rusal, was adjourned to a later date.

The Company is not a party to these proceedings and its day-to-day operations are not affected. However, the court directed that Rusal should compensate all losses that the Company may suffer because of the relevant court order.

• [Editor:王可]