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Acquisition Update

15 Feb 2008 17:09

OJSC Novolipetsk Steel15 February 2008 NLMK COMMENTS ON THE FEDERAL ANTIMONOPOLY SERVICE (FAS) STATEMENT REGARDING MAXIGROUP ACQUISITION OJSC Novolipetsk Steel (LSE: NLMK), the leading Russian steel producer, notesthe media reports of the refusal of the Federal Antimonopoly Service (FAS) togrant NLMK permission to acquire the Maxi-Group. NLMK wishes to clarify thefollowing points: The FAS rejection of NLMK's request to acquire the Maxi-Group was caused bytechnical mistakes in the information supplied to the FAS. Specifically, thefiling lacked information about the agreement for NLMK to acquire a 50% plus oneshare stake in Maxi-Group. NLMK will not dispute possible administrative finesthat may arise from this oversight. NLMK will correct these technical mistakesand will submit a replacement request to the FAS. NLMK notes that the FAS refusal does not relate to the nature of thetransaction. For further information: NLMKAnton Bazulev +7 495 915 1575 Financial DynamicsJon Simmons +44 207 831 3113 This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
2nd May 200610:36 amRNSRe Tender Offer
26th Apr 20061:28 pmRNSTrading update for Q1
18th Apr 20067:02 amRNSNotice of AGM
18th Apr 20067:02 amRNSFinal Results
6th Apr 20063:40 pmRNSNotice of Results
4th Apr 20067:01 amRNSAcquisition
3rd Apr 20064:21 pmRNSRAS results
30th Mar 20061:00 pmRNSInternal Restructuring Plan
29th Mar 20067:01 amRNSAcquisition
27th Mar 20064:31 pmRNSKMA Ruda Tender Offer
1st Feb 20063:34 pmRNSTrading Statement
27th Jan 20063:23 pmRNSAcquisition Completion
19th Jan 20067:01 amRNSDisposal
9th Jan 20067:00 amRNSExercise of Greenshoe
30th Dec 20051:03 pmRNSDisposal
30th Dec 20059:18 amRNSRe New Concentrator Facility

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