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Norilsk Nickel MMC

February 17, 2004

MMC Norilsk Nickel’s 2002 annual report wins competition organised by “Expert” magazine

MMC Norilsk Nickel’s annual report has been declared the winner in the fifth annual competition of annual reports for the year 2002, which the auditing company PricewaterhouseCoopers took part in organising.

The competition commission, which included specialists in the area of corporate governance from the ratings agency Expert RA and Expert magazine, chose the best annual reports from entries in the following nominations: Quality of Information, Following general principles of annual report preparation, Presentation of Reports on the Internet, and Design and Printing. Annual reports from such major Russian companies as OAO MGTS, PAO EES Russia, the Alpha Group consortium, AO Lenenergo, FK NIKoil, AB Gazprombank, AKB Tsentrocredit, the Trast investment bank, AKB Rosbank, and Sberbank took part in the competition. MMC Norilsk Nickel’s annual report was named as winner in two nominations – Quality of Information and Following general principles of annual report preparation.

Last November, MMC Norilsk Nickel’s annual report for 2002 had already been named as overall winner in the sixth annual report competition held by the RTS Stock Exchange and the Securities Market (Rynok Tsennykh Bumag) magazine. In the same competition Norilsk Nickel also came top in the "Best Standard of Information Provision" category.
 
 
 

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