Share Capital

At this time MMC Norilsk Nickel have an issued share capital of 190,627,747 registered ordinary shares with a par value of RUR 1 per share.

Changes in the amount of the Company's share capital
Date Authorized capital (Rubles) Reason of change
February 15, 2001(1) 122,471,917 Resolution to increase the authorized capital by issuing additional shares adopted by the extraordinary General Shareholders Meeting of OAO "Norilsk Mining Company" on September 21, 2000.
September 28, 2001(1) 252,667,409 Resolution to increase the authorized capital by issuing additional shares adopted by the extraordinary General Shareholders Meeting of OJSC MMC Norilsk Nickel on February 21, 2001.
June 28, 2002 213,905,884 Resolution to reduce the authorized capital OJSC MMC Norilsk Nickel by partial redemption of outstanding shares adopted by the extraordinary General Shareholders Meeting of OJSC MMC Norilsk Nickel on March 29, 2002.
February 17, 2006 190,627,747 Resolution to reduce the authorized capital OJSC MMC Norilsk Nickel by partial redemption of outstanding shares adopted by the extraordinary General Shareholders Meeting of OJSC MMC Norilsk Nickel on February 17, 2006.
(1) - Date of registration of the Issue Report.


MMC Norilsk Nickel's shareholders, possessing more than 1% stake, as of May 26, 2009

Shareholder Number of shares (million) % of share capital
The Bank of New York International Nominees* 48.4 25.40%
Potanin V.Î.** 47.7 25.00%
United Company Rusal Limited 47.7 25.00%
MMC Norilsk Nickel's subsidiaries*** 14.6 7.66%
Vnesheconombank 7.0 3.68%
Others 25.3 13.25%
     
Total 190.6 100.00%


* Nominal holder and depository which runs the ADR program of the Company. The number of ADRs excludes ADRs in the beneficial ownership of Mr. Potanin V.O.

** Mr. Potanin V.O. was the beneficiary of 44.8 million shares and 28.3 million ADRs of Norilsk Nickel, which is 25.00% of the Company’s share capital.

*** OJSC "Norilsk Mining and Metallurgical Kombinat", OJSC "Kola Mining and Metals Company" and OJSC "OGK-3".