ONEXIM Group Announces Changes in the Group’s Management

June 28, 2011, Moscow. Yesterday Mikhail Prokhorov made a decision to leave the post of the Group’s President due to election as the leader of the political party. The President’s position within the Group will be abolished. All management issues related to current projects and business development of the Group will be vested with the CEO of ONEXIM Group.

Additional Information

ONEXIM Group is one of Russia’s major private investment funds with a diversified portfolio in mining and metallurgy, engineering, financial sector, real estate, media, energy and nano-technologies. Dmitry Razumov is the CEO of ONEXIM Group.