Notice of Results

November 18, 2014

Notice of results

Magnitogorsk Iron & Steel works (LSE: MMK) will announce its IFRS results for Q3 and 9M 2014 ended September 30, 2014, on Friday, November 21, 2014.

Conference call will be held the same day at 5.00pm Moscow time, 2.00pm London time, 9.00am New York time.

Instructions on joining the conference:

Dial-in number: +7 3519 24 93 05

Password: 1234

Information on 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 2013 the company produced 11.9 million tonnes of crude steel and 11 million tonnes of commercial steel products. MMK Group had sales in 2013 of USD 8,190 million and EBITDA of USD 1,223 million.

Contacts

Andrey Serov

+7 3519 24 52 97

e-mail: [email protected]