Polymetal announces that it will participate in the VIII International Conference “Gold 2006. Gold mining in Russia. Its current state and prospects for development.” The conference will be held in Moscow on February 1st and 2nd, 2006.

Top executives from leading mining companies and financial institutions will participate in this conference. On the first day of the conference (February 1st), during a session titled “The state of the raw material base and the production of precious metals in Russia,” representative of the company will make a presentation on the “Mineral base of Polymetal. Methods of expansion and reproduction”.