MMC Norilsk Nickel’s Board of Directors has approved the appointment of Denis Morozov, its Deputy General Director for Corporate and Legal Issues as a member of the company’s Management Board.  Mr Morozov will be responsible for the following areas:

· The organisation of the legal affairs of the company, its subsidiaries, associated companies and dependant organisations;
· The organisation of the legal defence of the company’s interests, along with the monitoring of the conduct of cases in courts of arbitration and in the law courts in which the company, its subsidiaries, associated companies and dependant organisations participate;
· The organisation of and provision for the circulation of the company’s securities and derivatives on the Russian stock market and abroad;
· The planning and carrying out of the company’s share issues, along with the organisation of operations involving the company’s own securities;
· The organisation of the company’s work with participants in the stock market, including shareholders, institutional investors, credit agencies and market analysts;
· The organisation of the company’s cooperation with the regulators of stock markets in Russia and abroad;
· The planning and monitoring of the carrying out of the company’s dividend policy;
· The formulation and monitoring of the fulfilment of objectives concerning the improvement of standards of corporate governance;
· Ensuring the company’s fulfilment of legislative requirements, in particular those concerning the observation of the rights and legal interests of shareholders and investors, including the provision of information regarding the company’s activities to shareholders, investors and other parties involved in the Russian stock market and in foreign stock markets; the preparation of annual reports and other materials for the company’s shareholders’ meetings, and the organisation of the payment of dividends;
· The coordination of the activity of the company’s subsidiaries and dependant organisations both in Russia and abroad;
· The monitoring of the execution of the acquisition and disposal of assets, shares and holdings, as well as mergers and acquisitions and other issues.

Biographical Information

Denis S. Morozov was born on March 30, 1973 in Vienna, Austria.

Education:
In 1993 Mr. Morozov graduated from the Lomonosov Moscow State University’s economics faculty as a specialist in political economy.
In 1996 he graduated with distinction from the Lomonosov Moscow State University’s faculty of jurisprudence as a specialist in law.
In 1999 he graduated from the Swiss Banking School as a specialist in commercial banking.
In 1999 he completed postgraduate study at the Russian Ministry of Foreign Affairs’ Moscow State Institute for International Relations as a specialist in international economic relations, and as a candidate of economic sciences.

Professional activity:
From 1992 to 1994 Mr. Morozov worked for OAO Ingosstrakh Insurance Company.
From 1994 to 1998 he worked for the joint stock commercial bank Alfa-Bank as Deputy Head of the Credit Section, Head of the Credit Section, Deputy Head of Credit Management, and Vice President.
From June 1998 to February 1999 he worked for the Joint Stock Commercial Bank The International Finance Company (Mezhdunarodnaya Finansovaya Kompaniya) as Director of Commercial Banking Operations Department.
Since March 1, 1999 he worked for RAO Norilsk Nickel as Head of the Administration of Corporate Structures, as Head of the Administration of Work and Corporate Capital, Investor Relations, as a member of the company’s Management Board, and as a member of the Board of Directors.
From 2000 to 2001 he was responsible for carrying out the restructuring of RAO Norilsk Nickel and establishing a new public company, JSC MMC Norilsk Nickel, on the basis of The Norilsk Mining Company, a subsidiary of RAO Norilsk Nickel.

Posts held at MMC Norilsk Nickel:
Head of the Board of Directors’ Administration, Head of the Legal Department, Deputy General Director of Corporate and Legal Issues.
Mr. Morozov is also a member of ZAO Polus’ Board of Directors.
Married, two children.