11 May 2007 10:06
OAO TMK11 May 2007 11th May 2007 TMK announces preliminary discussions OAO TMK, announces that it is engaging in preliminary discussions with regard toa potential transaction with Ukrainian pipe and steel products company Interpipe. These talks are at an early and exploratory stage and there can be no certaintythat they will lead to a transaction or the form it will take. OAO TMK has no further comment at this time. OAO "TMK" Founded in 2001, TMK (LSE: TMKS) is the largest pipe producer in Russia and oneof the three global market leaders. In 2006, the total volume of pipes shipped amounted to more than 3 milliontonnes. TMK supplies pipes to companies in more than 60 countries. TMK production facilities are located in Russia and Romania: • Volzhsky Pipe Plant • Seversky Tube Works • Taganrog Metallurgical Works • Sinarsky Pipe Plant • Orsk Engineering 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.com Or visit: www.tmk-group.com This information is provided by RNS The company news service from the London Stock Exchange