NORNICKEL REPORTS INTERIM CONSOLIDATED IFRS FINANCIAL RESULTS FOR FIRST HALF 2016 ON AUGUST 29, 2016

Moscow, August 23, 2016 - the Company will host a conference call for investors and analysts on August 29, at 4:00 pm Moscow time (02:00 pm London / 09:00 am New York).

Webcast link: http://www.audio-webcast.com/cgi-bin/visitors.ssp?fn=visitor&id=3967

Conference call will be held in English and Russian.

ID 181778 (English call)

ID 2328510 (Russian call)

Russia +7 495 213 09 81

UK +44 20 3427 19 03

USA +1 212 444 04 12

Toll Free:

Russia 8 800 500 93 16

UK 0 800 279 49 77

USA 1 877 280 2342

Investor presentation and financial statements will be available for download on the Company's website: http://www.nornik.ru/investoram/finansovie-rezultaty/finansovaya-otchetnost-msfo

The webcast replay will be available on the link: http://norilsk290816-live.audio-webcast.com

ABOUT THE COMPANY

Nornickel is a diversified mining and metallurgical company, the world's largest producer of refined nickel and palladium and a leading producer of platinum, cobalt, copper and rhodium. The company also produces gold, silver, iridium, selenium, ruthenium and tellurium.

The production units of Nornickel include Polar Division, located at the Norilsk Industrial District on Taimyr Peninsula, and Kola Mining and Metallurgical Company located on the Kola Peninsula in Russia as well as Harjavalta nickel refinery in Finland.

Nornickel shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges. Nornickel ADRs trade over the counter in the US and on the London and Berlin Stock Exchanges.

Media Relations:                                 Investor Relations:

Phone: +7 (495) 785 58 00                 Phone: +7 (495) 786 83 20

Email: pr@nornik.ru                            Email: ir@nornik.ru