9 Jul 2007 10:36
OAO TMK09 July 2007 Moscow, July 09, 2007 TMK Announces Production Results for the First Half of 2007 OAO "TMK" (TMK), one of the world's largest oil and gas pipe producers and themarket leader of the Russian pipe industry, today announces its productionresults for the period 1st January to 30th June 2007. In this period TMK shipped(1) 1,575.9 thousand tonnes of steel pipes, exceedingshipments for the same period last year by 8.0 %. Volumes of shipped pipe products for H1 2007(thousands of tonnes) Product 2007 2006 Change,% (H1) (H1) Seamless pipes 1,047.3 969.2 +8.1%including OCTG 492.1 482.8 +1.9%Welded pipes 528.6 489.4 +8.0%Total of pipes 1575.9 1458.6 +8.0% In the First Half of 2007, TMK's steel making facilities produced 1,144.1thousand tonnes of steel, a 3.2% increase compared to the same period last year. ___________________________ (1) "Shipped" refers to shipped from TMK plants for subsequent sale to customers.___________________________ OAO "TMK" Founded in 2001, TMK (LSE: TMKS) is the largest pipe producer in Russia and oneof the three global market leaders. TMK supplies to companies in more than 60countries. In 2006, TMK sold almost 3 million tonnes of pipes. TMK production facilities are located in Russia and Romania: • Volzhsky Pipe Plant • Seversky Tube Works • Taganrog Metallurgical Works • Sinarsky Pipe Plant • Orsky Machine Building Plant • SC TMK-ARTROM SA • SC TMK-Resita SA For further information please contact: TMK PR Department:Sergey IlinTel: +7 495 775 7600 ext. 2149Email: pr@tmk-group.comOr visit: www.tmk-group.com Gavin Anderson & Company:Dick Millard/Robert Speed/Michael TurnerTel: +44 207 554 1400Email: tmk@gavinanderson.co.uk This information is provided by RNS The company news service from the London Stock Exchange