Notice of EGM

31 Jul 2007 08:09

OJSC Magnitogorsk Iron &Steel Works31 July 2007 31.07.2007 MMK to hold EGM on August 30, 2007 On July 13, 2007 MMK's Board of Directors took the decision to hold anExtraordinary Shareholders' Meeting on August 30, 2007. Agenda of the Extraordinary General Shareholders' Meeting: 1. Approval of dividends for the first six months of the 2007 financial year; 2. Approval of MMK reorganization by a merger of ZAO MMK-KAPITAL into OJSC MMK; 2. Approval of a major transaction. On July 13, 2007, MMK Board of Directors made a recommendation to theextraordinary general shareholder's meeting that dividends be paid in the amountof RUR 0,418 per ordinary share for the period of 6 months 2007. The list of persons entitled to participate in the EGM is prepared on the basisof the MMK Shareholders' Register as of July 16, 2007 (3 p.m. Moscow time). The information pertaining to the EGM is available at the Company's web-sitehttp://www.mmk.ru/eng/invrelations/Meet/index.wbp. Contacts: Corporate Secretary Valentina Khavanceva Tel.: +7 3519 24 72 29E-mail: khavanceva@mmk.ru Press service Elena Azovtseva Tel.: +7 3519 24 90 82Fax: +7 3519 24 80 24E-mail: azovtseva@mmk.ru Investor relations Evgeny Kovtunov Tel.: +7 3519 24 93 55E-mail: kovtunov@mmk.ru This information is provided by RNS The company news service from the London Stock Exchange