Director/PDMR Shareholding

8 Jan 2007 07:36

OAO Severstal08 January 2007 SEVERSTAL Mira str. 30, RU-162600, Cherepovets, Vologda region, RussiaPhone: +7 (8202) 53 14 18, fax: +7 (8202) 53 12 56, www.severstal.com 8 January 2007 For Immediate Release Independent non-executive directors bought shares of Severstal OAO Severstal (LSE: SVST) announces that Mr. Chris Clark, the Non-executiveChairman of the Board, bought 20,000 GDRs of Severstal at a market price onJanuary 4th, 2007. Mr. Ron Freeman, the Non-executive Independent Director,bought 10,000 GDRs of Severstal at a market price on January 5th, 2007. OAO Severstal have disclosed this information following its corporate policy ofmaximum transparency and the best market practices. Enquiries: Severstal Dmitry Druzhinin, Investor RelationsOlga Antonova, Public Relations +7 495 540 7766 This information is provided by RNS The company news service from the London Stock Exchange