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Norilsk Nickel MMC

August 3, 2004

MMC Norilsk Nickel has no plans to transfer its gold mining assets to Gold Fields Ltd in return for increased shareholding

MMC Norilsk Nickel would like to officially state that recent references made in the Russian and foreign press to an announcement made by a leading figure in Gold Fields Ltd concerning MMC Norilsk Nickel’s alleged offer to transfer to that company its gold mining assets in return for an increased shareholding have no basis in fact. 

 MMC Norilsk Nickel is not planning to transfer any shares in its Russian gold mining operations nor any rights to existing or future plant or deposits on the territory of the Russian Federation to the aforementioned South African Company, and accordingly, has made no such offer to Gold Fields Limited.

 

 

 

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