Dividend payment

29 May 2007 07:00

OJSC Magnitogorsk Iron &Steel Works28 May 2007 The Magnitogorsk Iron & Steel Works Open Joint Stock Company (OJSC MMK) announced payment of interim dividends for 9 months of 2006 On May 25, 2007, OJSC MMK paid dividends on ordinary registered shares to itsshareholders for 9 months of 2006 in the amount of RUB 9,672,310,357.71 whichcorresponds to USD 373,445,392.61. The list of persons entitled to receivedividends was made as of October 13, 2006. Contacts: Evgeny KovtunovInvestor RelationsTel: +7 3519 24 93 55kovtunov@mmk.ru Elena AzovtsevaPress SecretaryTel.: +7 3519 24 90 82Mob.: +7 902 891 34 02Fax: +7 3519 24 80 24E-mail: azovtseva@mmk.ru www.mmk.ru This information is provided by RNS The company news service from the London Stock Exchange