Announcement of EGM

Announcement of Extraordinary General Meeting ('EGM')

Moscow, Russia - July 14, 2014. OAO Severstal ("Severstal"; "the Company"), one of the world's leading vertically integrated steel and steel-related mining companies, announces that the Company's Board of Directors has called an EGM to be held by absentee voting on 10 September 2014. The closing date for the receipt of voting ballots is 10 September 2014. All Severstal shareholders on the register as at 25 July 2014 are eligible to participate. The agenda for the EGM will be approved by the Board later in July and announced in due course.

Enquiries: 

Severstal Investor Relations

Vladimir Zaluzhsky

T: +7 495 926 7766

Severstal Public Relations

Elena Kovaleva

T: +7 (495) 926-77-66

Hudson Sandler (Financial Communications Adviser)

Andrew Hayes / Maria Ignatova / Alex Brennan

T: +44 (0) 20 7796 4133