MMK appoints new CFO

Magnitogorsk, November 11th, 2013 News Release

MMK appoints Sergey Sulimov as new Deputy General Director on Finance and Economics (CFO)

Sergey Sulimov, previously Chairman of the Board of Directors of "Svyaznoi Bank", has been appointed as MMK Deputy General Director for Finance and Economics (CFO).

Previously, S. Sulimov has already been in senior positions in the company - first as an advisor to the President of "MMK Managing Company", after that - Deputy General Director on subsidiary companies management of MMK Group , and later - as the acting General Director of MMK Metalurji (Turkey), MMK foreign asset.

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 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 2012 the company produced 13 million tonnes of crude steel and 11.9 million tonnes of commercial steel products. MMK Group had sales in 2012 of USD 9,328 million and EBITDA of USD 1,356 million.

Contacts:

Investor Relations:

Andrey Serovtel.: +7 (3519) 24-52-97E-mail: [email protected] 

MMK Communications Department: