NLMK Board of Directors meeting results

13.08.2012

Press release

NLMK Board of Directors meeting results

NLMK (LSE: NLMK), the leading global steelmaking company, today announced that the Board of Directors has set a date for an Extraordinary General Meeting of NLMK's Shareholders ("EGM") for October 25, 2012. The meeting will be held in the form of absentee voting. The deadline for the receipt of voting ballots was fixed at October 25, 2012.

The Board adopted the following agenda for the EGM:

1. Early resignation of NLMK President and Chairman of the Management Board.

2. Election of a new President and Chairman of the Management Board.

According to the Russian legislation, shareholders who own more than 2 per cent of the Company's ordinary shares have the right to put forward a candidate for the position of NLMK President and Chairman of the Management Board until September 25, 2012.

The list of persons entitled to participate in the EGM will be prepared on the basis of the NLMK Shareholder Register as of 00:00, August 14, 2012 (or 24:00, August 13, 2012). 

For more information:

Sergey Takhiev

Investor relations

st@nlmk.com 

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About NLMK:

NLMK is an international vertically-integrated steel-making company with production facilities located in Russia, Europe and the US. The liquid steel capacity of its operating unites exceeds 15mtpy. In 1H 2012, the Company generated US$6,351 million of revenues and a 16.2% EBITDA margin. The Company's shares and GDSs are traded on the MICEX-RTS and LSE, respectively.