The Board of Directors also made a decision to convene the Annual General Meeting of Shareholders of the Company (AGM) on June 6, 2013 and recommended that the shareholders approve dividends for 2012 in the amount of RUR 400.83 per ordinary share.

Interros completed the sale of 5,420,464 shares of OJSC MMC Norilsk Nickel to Crispian Investments Limited (Crispian) affiliated with Roman Abramovich (and replacing Millhouse as a party to the transaction) at a price of $160 per share. This transaction is part of the agreement between Interros, Millhouse and RUSAL to settle the situation at Norilsk Nickel. Under the agreement, Crispian’s total stake in Norilsk Nickel will amount to 5.87%. In addition, the company will have the right to vote with 15% of shares owned by Interros and Rusal held in an escrow account at the agent bank.

In his new capacity Mr. Borgrov will be in charge of GR and IR.

According to the voting results of the MMC Norilsk Nickel Extraordinary General Meeting four candidates from Interros were elected to the BoD: Sergei Barbashev, Alexey Bashkirov, Andrei Bougrov and Marianna Zakharova. Gareth Penny, nominated by Interros, was approved as independent director.Gareth Penny was also elected Chairman of the Board at the first Board meeting. Andrei Bougrov was appointed Deputy Chairman of the Board and Alexey Bashkirov — chairman of the Budget Committee.

Resolution on election of the new General Director (CEO) of the Company was adopted by the Board.The appointment of Vladimir Potanin was approved unanimously. Vladimir Strzhalkovsky, who occupied this position since August 2008, resigned the office.It was decided unanimously to hold an extraordinary shareholders meeting on January 29, 2013 to allow shareholders to examine the matter of reducing the share capital of the Company as well as of introducing amendments into its Charter. The Board of Directors has ruled to advise the shareholders to vote in favor of reducing the share capital of the Company.Another ruling concerned convening another in person extraordinary shareholders’ meeting on March 11, 2013. The event will focus on «Early termination of powers of the Board of Directors» and «Electing the Companys Board of Directors.»