Notice of Results (H1 2010 US GAAP)

Notice of results

Novolipetsk Steel (LSE:NLMK) will be announcing its US GAAP Results for 6M 2010 ended 30 June 2010 on Monday, on the 4th of October, 2010. Novolipetsk Steel (NLMK) is pleased to invite the investment community to a conference call with the management:

Monday, 4 October, 2010 08:30 (New York) 13:30 (London) 16:30 (Moscow)

To join the conference call, please register on-line:https://eventreg2.conferencing.com/webportal3/reg.html?Acc=592450&Conf=202717

or dial International Call-in Number: +44 (0) 20 7162 0125 US Call-in Number: +1 888 222 0364 *We recommend that participants register on-line to avoid waiting in a queue or to start dialing in 5-10 minutes prior to ensure a timely start to the conference call.

The conference call replay will be available through October 7, 2010. International Replay Number: +44 (0) 20 7031 4064

US Replay Number: +1 888 365 0240

Replay Access Code: 876786

It is recommended that participants download presentation in advance on NLMK's web-site www.nlmk.com

For further information:

NLMK Sergey Takhiev +7 495 915 1575

[email protected] Financial Dynamics Jon Simmons +44 207 831 3113