Dividend payout 1H2007

27 Feb 2008 10:12

OJSC Magnitogorsk Iron &Steel Works27 February 2008 Magnitogorsk Iron & Steel Works (MMK) announced payment of dividends for 6 months 2007 OJSC MMK announces that as of 26.02.2008 it has paid out dividends for the firstsix months of 2007 based on the results of OJSC MMK's operations. The decisionon dividend payment was taken by the Extraordinary Shareholders' Meeting onAugust 30, 2007. The total amount of dividends paid is RUR 4.878.768.887,87, RUR0,418 per share. Contacts: Evgeny Kovtunov Investor Relations Tel: +7 3519 24 93 55Fax: +7 3519 24 93 55 kovtunov@mmk.ru Elena Azovtseva Press Secretary Tel.: +7 3519 24 90 82Fax: +7 3519 24 80 24 E-mail: azovtseva@mmk.ru This information is provided by RNS The company news service from the London Stock Exchange