Notice of Results

1 September 2010

OAO SEVERSTAL

Notice of H1 2010 Results

OAO Severstal, one of the world's leading integrated steel and mining companies, will report financial results for the six months ended 30 June 2010 on 6 September 2010. 

A conference call for investors and analysts hosted by Alexey Mordashov, Chief Executive Officer, and Alexei Kulichenko, Chief Financial Officer, will be held on the day at 14:30 (London) 17:30 (Moscow) and 9:30 (US Eastern Time Zone).

Participant dial in: +44 (0)1452 555 566 (International)

Participant dial in: 0844 493 3800 (UK only)

Conference ID: 97026711

The call will be recorded and there will be a replay facility available for 7 days as follows:

International dial in: +44 (0) 1452 550 000UK free call dial in:0800 953 1533 USA free call dial in:1866 247 4222 Replay access number: 97026711#

Full financial statements are available at http://www.severstal.com/eng/ir/results_reports/financial_reports/ 

Enquiries: 

Severstal

Vladimir Zaluzhsky

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

M: +7 (925) 006-51-80

Hudson Sandler (Financial Communications Adviser)

Andrew Hayes / Maria Ignatova

T: +44 (0) 20 7796 4133