Based on the materials from the official web-site of the company.

2005 Annual Report of MMC Norilsk Nickel was announced the absolute winner in IX Russian Contest of Annual Reports and Corporate Websites, which was organized for securities issuers by MICEX Stock Exchange and Securities Market Journal. Moreover, the English version of this final corporate reporting document was named the best in the category Information Disclosure and Transparency.

The Report was also highly appreciated by RTS experts, who have rated it the first in a special category The Best Annual Report of Issuers Listed at the RTS Stock Exchange.

"It was a pleasure to learn that our achievements in the area of corporate governance and information transparency have been rated so highly by Russian leading stock exchanges and business press. The company will continue to devote all reasonable efforts to providing the investors community with timely and comprehensive information on MMC Norilsk Nickel’s performance", said Dmitry Usanov, Head of Investor Relations at MMC Norilsk Nickel.

Earlier this year, 2005 Annual Report of MMC Norilsk Nickel became one of the prize winners in the annual contest organized by Expert Rating Agency and RTS Stock Exchange in cooperation with PricewaterhouseCoopers auditors. The Report was awarded for its high information content. In the analytical report prepared by Expert RA upon the contest’s results, 2005 Annual Report of MMC Norilsk Nickel "was placed in one group with the reports of the world’s industry leaders".