Notice of Q1 2017 Financial Results

Magnitogorsk, "05" May 2017 News Release

Notice of results

Magnitogorsk Iron & Steel works (LSE: MMK) will announce its IFRS results for Q1 2017 ended March 31, 2017, on Thursday, May 11, 2017.

Conference call will be held the same day at 3.00pm Moscow time, 1.00pm London time, 8.00am New York time.

To join the conference call, please dial:

United Kingdom Number:

+44 (0)330 336 9108 (Local access) / 0800 279 6839 (Toll free)

US Number:

+1 719-325-2230 (Local access) / 888-394-8218 (Toll free)

Russian Number:

+7 495 213 1767 (Local access) / 8 800 500 9283 (Toll free)

Conference ID: 9918137

About MMK

MMK is one of the world's largest steel producers and a leading Russian metals company. The company's operations in Russia include a large steel-producing complex encompassing the entire production chain, from the preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products with a predominant share of high-value-added products. In 2016, the company produced 12.5 million tonnes of crude steel and 11.6 million tonnes of commercial steel products. MMK Group had sales in 2016 of USD 5,630 million and EBITDA of USD 1,956 million.

Contacts:

Investor Relations Department

Andrey Serov

tel.: +7 (3519) 24-52-97

e-mail: serov.ae@mmk.ru