Member of the Board Share Dealing Notification

Member of the Board Share Dealing Notification

Moscow, Russia - February 26, 2015. PAO Severstal ("Severstal"; "the Company"),one of the world's leading steel and steel-related mining companies, announces that Martin Angle, member of the Board of Directors of Severstal, has sold 5 000 Global Depositary Receipts of the Company at a price of US$ 11.17 per GDR. The transaction was closed on 23 February, 2015. Following this transaction, Mr.Angle's total shareholding in the Company is 0.00%.

Enquiries:

Severstal Investor Relations

Vladimir Zaluzhsky

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

[email protected]

Severstal Public Relations

Elena Kovaleva

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

[email protected] 

Severstal's financial communications agent - Hudson Sandler

Andrew Hayes / Maria Ignatova / Alex Brennan

T: +44 (0) 20 7796 4133

***

PАО Severstal is one of the world's leading vertically integrated steel and steel related mining companies, with assets in Russia, Ukraine, Latvia, Poland, Italy and Liberia. Severstal is listed on RTS and MICEX and the company's GDRs are traded on the LSE. Severstal reported revenue of $8,296 million and EBITDA of $2,203 million in 2014. Severstal's crude steel production in 2014 reached 11.3 million tonnes. www.severstal.com