Dividend payment

9 Jan 2008 12:32

OJSC Magnitogorsk Iron &Steel Works09 January 2008 The Magnitogorsk Iron & Steel Works Open Joint Stock Company (OJSC MMK) announced payment of dividends for 2006 OJSC MMK announces that as of 31.12.2007 it has paid out dividends for the year2006 based on the results of OJSC MMK's operations. The decision on dividendpayments was taken by the Annual General Shareholders Meeting on March 03, 2007.The total amount of dividends paid is RUR 9,470,521,400.57 which corresponds toRUR 0,891 per share. Contacts: Evgeny KovtunovInvestor RelationsTel: +7 3519 24 93 55Fax: +7 3519 24 93 55kovtunov@mmk.ru Elena AzovtsevaPress SecretaryTel.: +7 3519 24 90 82Fax: +7 3519 24 80 24E-mail: azovtseva@mmk.ru This information is provided by RNS The company news service from the London Stock Exchange