Norilsk Nickel's results for first 9 months of 2013

Moscow,  October  31st ,  2013 –  OJSC  MMC  Norilsk  Nickel  (hereinafter –  “Norilsk  Nickel”,  “the
Company” or “the Group”), the world’s largest nickel and palladium producer, announces preliminary
consolidated production results for the third quarter of 2013 and nine months of 2013.
Nickel
  Consolidated nickel  production  in  3Q  2013 amounted to  72.4  thousand tonnes  up  7% q-o-q
due to reopening of navigation season in Polar  Division and hence increased volume of nickel
matte shipped to Kola MMC, as well as higher nickel output by the Norilsk Nickel Harjavalta.
  Consolidated nickel production in 9M 2013 amounted to 211.8 thousand tonnes, down 5% y-oy  owing to decreased  volume  of matte  shipped  from the Polar  Division  to Kola MMC    due to
repairs at Nadezhda Metallurgical Plant and Oktyabrsky mine, earlier than usual termination of
winter navigation  as well as  the mothballing of  Lake Johnston  operations  in Australia  in  2Q
2013.
Copper
  In 3Q 2013, consolidated copper output was down 2% q-o-q to 92.5 thousand tonnes owing to
the  expiration  of  the  agreement between Norilsk Nickel Harjavalta and Boliden  on the  sale of
copper cake.
  In 9M 2013 consolidated copper output was up 2% y-o-y to 278.1.
Platinum Group Metals
  In 3Q 2013, consolidated palladium output was down 7% q-o-q to 703 thousand troy ounces.
  Consolidated platinum output was down 8% q-o-q to 174 thousand troy ounces.
  In  9M  2013,  consolidated  palladium  and  platinum  output  amounted  to  2,049  thousand  troy
ounces  and  503  thousand  troy  ounces,  respectively,  fully  in  line  with  the  2013  production
guidance.
Russian operations
In 2Q 2013, the Russian divisions produced 58.4 thousand tonnes of nickel, up 5% q-o-q. In 9M 2013,
nickel  production  amounted  to  170.4  thousand  tonnes,  which  was  marginally  down  y-o-y  owing  to
lower  nickel content in mined ore, as well  as  repairs at Nadezhda Metallurgical Plant and  Oktyabrsky
mine.
The  3Q  2013  copper  output  in  Russia  increased  to  90.3  thousand  tonnes,  while  9M  2013  copper
output was up 1% y-o-y to 268.8 thousand tonnes.

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