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Result of Meeting

23rd Nov 2007 15:21

OAO Severstal23 November 2007 SEVERSTAL For Immediate Release23 November 2007 Severstal board of directors resolutions: Severstal's Board of Directors, held on 22-23 November 2007, recommended adividend of 2.50 rubles per share and per global depositary receipt ("GDR") forthe nine months 2007 with the record date of 14 November 2007. Each GDRrepresents one share in the Company. Approval of the dividend payment is expected at the company's EGM on 20December 2007. Enquiries: Severstal +7 495 540 7766Dmitry Druzhinin, Investor RelationsOlga Antonova, Public Relations This information is provided by RNS The company news service from the London Stock Exchange

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SVST.L
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