6 Dec 2011 14:30
RNS Number : 4578T
OAO Severstal
06 December 2011
OAO Severstal
The Board recommends dividend payment for the 9 months ended 30 September 2011
06.12.2011, Moscow. The Board of ОАО Severstal ("the Company") (LSE: SVST), one of the world's leading vertically integrated steel and mining companies, is recommending a dividend of 3.36 rubles (approximately $0.11) per share for the first nine months of the financial year to 30 September 2011. As previously announced, the record date was 15 November 2011.
The dividend payment is subject to approval at the Company's EGM which will take place on 30 December 2011.
For further information:
Vladimir Zaluzhsky
T: +7 (495) 926-77-66 ext. 6375
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