EGM Statement

10 Sep 2009 18:00



10 September 2009

OAO Severstal

Statement of EGM

Severstal Board of Directors resolutions:

Severstal Board of Directors approved earlier the convocation of EGM for 19 October 2009 with the following agenda:

Early termination of powers of members of the Board of Severstal.

Election of members of the Board of Severstal.

Changes in compensation to members of the Board of Severstal.

The date of company's EGM: 19 October 2009.

The location of company's EGM: Russia, Vologda region, Cherepovets, Zhukova st., 4

Registration for EGM starts at 11.00 am (local time)

EGM starts at 12.00 pm (local time)

The record date for participation in EGM: 7 August 2009.