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Corporate Event Notice “Information about the resolutions taken by the Company’s Board of directors”

19.01.2012

1. General information
1.1. Full business name of the Issuer	Joint Stock Company “Severstal”
1.2. Abbreviated business name of the Issuer	OAO Severstal
1.3. Legal address of the Issuer	162608, the Russian Federation, Vologda region, Cherepovets, Mira Street 30
1.4. PRSN (Principal State Registration Number) of the Issuer	1023501236901
1.5. TIN (Taxpayer Identification Number) of the Issuer	3528000597
1.6. Unique code of the Issuer assigned by the registration authority	00143-A
1.7. Issuer’s website for information disclosure	www.severstal.com

 

2. Notice content

The resolutions taken by the Board of directors of OAO Severstal: I. Approval of interested party transactions:   1.       Severstal Export GmbH   1. Parties of Transaction OAO Severstal – Vendor, Severstal Export GmbH - Vendee Price of Transaction 1 151 308 153,7 rubles exclusive of VAT Subject of Transaction Agreement № 756/00186217-80112 Number of Specification Total amount in rubles 16536 10 645 928.61 16537 4 913 505.51 16538 3 541741.75 16539 5164 748.88 16540 11850499.69 16570 30 974 539.05 16582 149112 397.50 16584 42 389 385.30 16602 7153 973.42 16616 81334 035.00 16618 94 889 707.50 16619 81334 035.00 16620 98 908 565.70 16644 5404153.46 16645 28147 817.54 16646 10 808 306.93 16698 17 635413.78 16764 1245455.09 16765 28 633 616.73 16774 30 269 823.40 16775 20 049 935.65 98756 1 237 797.00 98760 2478142.98 98767 105 090 304.80 98768 56 587 087.20 98769 9 553 387.77 98770 56 972 930.72 98784 48458 350.11 98785 14 504 343.05 98788 53 833 086.55 98789 13 792 004.34 98790 24 393133.69   2. Parties of Transaction OAO Severstal – Vendor, Severstal Export GmbH - Vendee Price of Transaction 783 211 616,6 rubles exclusive of VAT Subject of Transaction Agreement № 756/00186217-10131 Number of Specification Total amount in rubles 16423 581321.61 16558 8 824464.06 16559 7 788 554.40 16560 13 707 855.74 16562 8 567409.84 16622 25 925 395.20 16629 28190 987.14 16630 23 377 655.40 16631 12 803 892.82 16633 3 864 351.36 16634 19 073416.49 16635 4165 752.27 16651 9426 070.68 16655 6 317 384.24 16658 2 356 517.67 16659 12 253 891.88 16672 49472 286.08 16673 11131264.37 16675 41 331 070.00 16676 57 768 673.60 16684 11308 735.68 16685 18 289 771.50 16689 5 859 813.96 16690 7 506449.28 16691 2 735193.12 16692 1 631 916.79 16693 8 988 285.60 16694 8 345405.38 16696 3 336199.68 16697 900 051.46 16699 3 990 074.85 16721 6 327 740.50 16722 66 757 582.80 16734 1 325 150.52 16736 993 862.89 16743 16189 338.90 16746 28477192.98 16747 11172102.34 16748 9 313 557.90 16749 2 673 637.02 16751 3 901484.83 16752 25 232449.41 16753 4 656 778.95 16754 3 342 046.28 16756 6458 778.48 16757 16 608 287.52 16769 12 768116.96 16770 8 375117.97 16772 2 061 400.00 16795 49 568130.30 16800 11454 634.43 16801 14424 555.11 16802 7 159 146.52 16803 1359 529.43 16805 4474466.58 16821 14 987 535.72 16823 33 328 880.11   3. Parties of Transaction OAO Severstal – Vendor, Severstal Export GmbH - Vendee Price of Transaction 740 263 806,76 rubles exclusive of VAT Subject of Transaction Agreement № 756/00186217-10225 186 Number of Specification Total amount in rubles 16545 3 517 987.36 16588 115181703.00 16608 7 522 801.22 16716 24 002192.55 16731 1988 868.96 16793 36 928 926.70 16799 1309 976.19 16810 1624 944.19 16811 1 080 708.01 16812 1739 070.37 16813 20 245 390.62 16822 2 092 710.87 16830 8 626 336.64 16831 9 606 237.08 16832 18 674 905.82 16833 15 670 502.52 98751 14 045 226.66 98773 456405 318.00   4. Parties of Transaction OAO Severstal – Vendor, Severstal Export GmbH - Vendee Price of Transaction 708 724 528,91 rubles exclusive of VAT Subject of Transaction Agreement №756/00186217-10225 Number of Specification Total amount in rubles 16406 1138 677.91 16501 11071406.50 16548 33 851746.50 16552 24193 346.10 16566 17 725 289.47 16623 11655170.80 16624 7 025122.18 16670 73 227 088.00 16677 50 225 916.00 16723 2 568 829.67 16725 14418 667.80 16726 5 587 082.86 16732 9 889 354.08 16834 107 277405.20 16835 45 976 030.80 98774 84 595 252.75 98797 124185 831.04 98798 50 274 210.15 98799 33 838101.10   5. Parties of Transaction OAO Severstal – Vendor, Severstal Export GmbH - Vendee Price of Transaction 628 633 232,19 rubles exclusive of VAT Subject of Transaction Agreement № 756/00186217-10131 Number of Specification Total amount in rubles 16140 115 871310.00 16532 112 512 780.00 16637 2 040 231.74 16650 6 878 281.28 16654 9 726104.76 16656 22 890 310.56 16660 2 095 237.99 16661 5 238 094.98 16663 5 238 094.98 16664 5 238 094.98 16665 5123418.87 16667 8 303 026.45 16674 8 000 908.80 16678 2 131 742.14 16679 6478 819.24 16686 1 596 604.44 16687 638 641.78 16688 14409459.29 16695 5 504 375.23 16702 112 512 780.00 16703 112 512 780.00 16761 2 383187.37 16779 19 551366.77 16780 8 210 371.00 16781 5131481.88 16784 12 513 921.42 16785 13 651 550.64 16804 2 250 255.60   6. Parties of Transaction OAO Severstal – Vendor, Severstal Export GmbH - Vendee Price of Transaction 587 650 695,61 rubles exclusive of VAT Subject of Transaction Agreement № 756/00186217-10224 Number of Specification Total amount in rubles 16529 8 555147.69 16549 10 331385.19 16553 3 382 061.50 16554 3424 962.42 16555 7450442.89 16589 3 383 025.75 16590 68416 276.50 16591 150 515 808.30 16592 41 049 765.90 16596 13154406.30 16604 10 773177.00 16605 5 012 921.56 16609 1958 336.10 16610 4472 971.98 16611 4478 915.64 16613 3 359186.73 16614 1 965 762.32 16617 25 645 262.50 16621 5419 376.43 16625 7 314 255.00 16641 7 267 525.04 16642 8 904 224.64 16643 10 314145.98 16671 6 849 076.35 16681 9482 877.85 16683 1016 969.53 16700 47 093 320.50 16701 26 181 088.58 16727 5 375 229.99 16741 33 602 944.26 16771 2 061 355.30 16806 3 388 086.10 16825 41 952 806.14 98753 4 097 597.65   7. Parties of Transaction OAO Severstal – Vendor, Severstal Export GmbH - Vendee Price of Transaction 110 498 058,37 rubles exclusive of VAT Subject of Transaction Agreement № 756/00186217-80112 Number of Specification Total amount in rubles 16569 70 939 032.26 16767 37109 224.86 16768 2449 801.25   8. Parties of Transaction OAO Severstal – Vendor, Severstal Export GmbH - Vendee Price of Transaction 104 995 700,6 rubles exclusive of VAT Subject of Transaction Agreement № 756/00186217-80110 Number of Specification Total amount in rubles 16557 74 617 250.00 16773 30 378450.60   9. Parties of Transaction OAO Severstal – Vendor, Severstal Export GmbH - Vendee Price of Transaction 30 506 500 rubles exclusive of VAT Subject of Transaction Agreement № 756/00186217-00201 Number of Specification Total amount in rubles 16786 15 253 250.00 16787 15 253 250.00   10. Parties of Transaction OAO Severstal – Vendor, Severstal Export GmbH - Vendee Price of Transaction 10 420 267,77 rubles exclusive of VAT Subject of Transaction Agreement № 756/00186217-10224 Number of Specification Total amount in rubles 98752 5 266 960.00 98766 5153 307.77   11. Parties of Transaction OAO Severstal – Lessor, Severstal Export GmbH - Lessee Subject of Transaction Addendum № 1 to the Nonresidential Premises Lease Agreement № АР1244 dated 01.09.2011. Due to the changes in the address of the building where the leased premises are located, Clause 1.1 shall be amended.   2.       Non-Governmental Pension Fund “Stalfond”   1. Parties of Transaction OAO Severstal – Investor, Non-Governmetal Pension Fund “Stalfond” – Fund Price of Transaction 1 828 751 018,23 rubles exclusive of VAT Subject of Transaction Termination of Non-Governmetal Pension Agreement № ЮЛ-1530 dated 15.12.2006. Fund shall pay Investor 1 828 751 018,23 rubles.   3.       ОАО Vorkutaugol   1. Parties of Transaction OAO Severstal – Vendee, OAO Vorkutaugol - Vendor Price of Transaction 1 735 308 000 rubles exclusive of VAT Subject of Transaction Agreement № ТС2151 dated 23.12.2011. Document Number of document Total amount in rubles inclusive of VAT Specification 4500019736 867 654 000 Specification 4500019767 867 654 000   Description 2G concentrate COF concentrate “Pechorsky” GJO Delivery period: 01/01/2012 – 31/01/2012.   4.       OAO Domnaremont   1. Parties of Transaction OAO Severstal – Customer, OAO Domnaremont - Contractor Price of Transaction 650 000 000 rubles exclusive of VAT Subject of Transaction 1. Contractor shall perform construction and mounting, disassembling and commissioning works at the following object: AIP, clause 006.482. Reconstruction of airheater № 1, BF № 5. 2. Work completion period: 01.02.2012-31.12.2014.   2. Parties of Transaction OAO Severstal – Customer, OAO Domnaremont - Contractor Price of Transaction 96 650 469 rubles exclusive of VAT Subject of Transaction Addendum № 2 to the Contracting Agreement № РС1844 dated 30.03.2011. 1. The approximate cost of construction and mounting works shall be increased by 95 000 000 rubles inclusive of 18% VAT (17 100 000 rubles). 2. Contractor shall additionally assemble mounting components. Cost of works shall be fixed and equal 1 050 496 rubles inclusive of 18% VAT (189 089,28 rubles). 3. Contractor shall assume additional obligations, i.e. eliminate equipment defects. The approximate cost of the works shall amount to 600 000 rubles inclusive of 18% VAT (108 000 rubles). 4. The completion period shall be defined based on the Schedule List. Earlier work execution is permitted   3. Parties of Transaction OAO Severstal – Customer, OAO Domnaremont - Contractor Price of Transaction 65 000 000 rubles exclusive of VAT Subject of Transaction Addendum № 4 to the Agreement № РС0442 dated 31.12.2009.  1. The Agreement shall be учеутвув till 31.12.2012. 2. Starting from 01.01.2012 Specification №1 to Addendum № 2 shall be deemed ineffective, but Specification № 1 to Addendum № 4 shall be deemed effective. 3. The approximate agreement value shall be increased by 65 000 000 exclusive of VAT to 176 000 000 rubles. 4. Work competion period: 01.01.2012 – 31.12.2012. 5. Clause 2.5. shall be added as follows: “In case employees work 24 hours a day, weekends and holidays (excluding equipment operating cost), estimated costs shall include higher rates in accordance with the Protocol on reimbursement of Contractor’s repair expenses approved by OAO Severstal on 01.10.2001. Customer shall determinate if it is required to work 24 hours a day, weekends and holidays”.   4. Parties of Transaction OAO Severstal – Supplier, OAO Domnaremont - Vendee Price of Transaction 1900 000 rubles inclusive of VAT Subject of Transaction Delivery of 2.5% milk, 2.5% kefir according to the delivery notes (0.5 liters of 2.5% milk - 18 rubles 15 kopecks, inclusive of VAT, of 2.5% kefir – 19 rubles 25 kopecks, inclusive of VAT).    5. Parties of Transaction OAO Severstal – Executor, OAO Domnaremont - Customer Price of Transaction 70 000 rubles inclusive of VAT Subject of Transaction Addendum № 3 to Agreement № ПУ 0019 dated 26.02.2010. 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 70 000 rubles.   6. Parties of Transaction OAO Severstal – Executor, OAO Domnaremont - Customer Price of Transaction 24000 rubles inclusive of VAT Subject of Transaction Addendum № 3 to Agreement № ПУ0037 dated 12.03.2010. 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 24 000 rubles.   7. Parties of Transaction OAO Severstal – Executor, OAO Domnaremont - Vendor Subject of Transaction Addendum № 2 to Agreement № ПУ0003 dated 26.02.2010. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year).   8. Parties of Transaction OAO Severstal – Executor, OAO Domnaremont - Customer Subject of Transaction Addendum № 2 to the Agreement № ПУ0046 dated 19.03.2010. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year).   5.       OOO Severstal-Vtorchermet   1. Parties of Transaction OAO Severstal – Vendee, OOO Severstal-Vtorchermet - Supplier Price of Transaction 166 206 518 rubles exclusive of VAT Subject of Transaction Agreement № 24110100/ML1221 dated 23.09.2011.  Document Number of document Approximate value in rubles  exclusive of VAT Specification 4500019275 13 035 585 rubles Specification 4500019265 153 170 933 rubles   Description Iron and steel scrap under GOST 2787-75, STO-00186217-066-2010 (OAO Severstal) Iron and steel scrap under GOST 2787-75, STO-00186217-066-2010 (OAO Severstal) Delivery period: 01.01.2012 – 31.01.2012 inclusively.   2. Parties of Transaction OAO Severstal – Vendee, OOO Severstal-Vtorchermet - Supplier Price of Transaction 140 949 587 rubles exclusive of VAT Subject of Transaction Agreement № 24110104/ML1222 dated 23.09.2011.  Document Number of document Approximate value in rubles  exclusive of VAT Specification 4500019323 140 949 587 rubles   Description Iron and steel scrap under GOST 2787-75, STO-00186217-066-2010 (OAO Severstal) Delivery period: 01.01.2012 – 31.01.2012 inclusively.   3. Parties of Transaction OAO Severstal – Supplier, OOO Severstal-Vtorchermet - Vendor Price of Transaction 126 825 035 rubles exclusive of VAT Subject of Transaction Agreement № 24110108/ML1223 dated 23.09.2011.  Document Number of document Approximate value in rubles  exclusive of VAT Specification 4500019370 13 104 576 rubles Specification 4500019355 113 720 459 rubles   Description Iron and steel scrap under GOST 2787-75, STO-00186217-066-2010 (OAO Severstal) Iron and steel scrap under GOST 2787-75, STO-00186217-066-2010 (OAO Severstal) Delivery period: 01.01.2012 – 31.01.2012 inclusively.     4. Parties of Transaction OAO Severstal – Vendee, OOO Severstal-Vtorchermet - Supplier Price of Transaction 24 660 128 rubles exclusive of VAT Subject of Transaction Agreement № 24110112/ML2219 dated 30.12.2011.  Document Number of document Approximate value in rubles  exclusive of VAT Specification 4500020570 24 660 128 rubles   Description Iron and steel scrap under GOST 2787-75, STO-00186217-066-2010 (OAO Severstal) Delivery period: 01.01.2012 –31.01.2012 inclusive.   5. Parties of Transaction OAO Severstal – Supplier, OOO Severstal-Vtorchermet - Vendee Price of Transaction 5 000 000 rubles inclusive of VAT Subject of Transaction Addendum № 1 to the Supply Agreement № КД1021 dated 20.11.2010. 1. The Agreement shall be extended till December 31, 2012. 2. The approximate agreement value shall be increased by 5 000 000 inclusive of VAT for the period from January 1, 2012 till December 31, 2012.    6.       OOO SSM-Tyazhmash   1. Parties of Transaction OAO Severstal – Customer, OOO SSM-Tyazhmash - Contractor Price of Transaction 286 356 000 rubles exclusive of VAT Subject of Transaction Specification № 036 dated 26.12.2011 to the Agreement № РС0605/ДС-10-080 on repair of the steelmaking facilities (BOF shop) in January 2012 dated 28.04.2010.   2. Parties of Transaction OAO Severstal – Supplier, OOO SSM-Tyazhmash - Vendee Price of Transaction 33290000 rubles inclusive of VAT Subject of Transaction Addendum № 2 to the Supply Agreement № ET0007 dated 31.03.2010. 1. The Agreement shall be extended till December 31, 2012. 2. The estimated agreement value shall be increased by 33 290 000 rubles inclusive of VAT for the period from January 1, 2012 till December 31, 2012.    3. Parties of Transaction OAO Severstal – Supplier, OOO SSM-Tyazhmash - Vendee Price of Transaction 32 645 000 rubles inclusive of VAT Subject of Transaction Addendum № 2 to the Supply Agreement № ПГ0002 dated 31.03.2010. 1. The Agreement shall be extended till December 31, 2012. 2. The estimated agreement value shall be increased by 32645000 rubles inclusive of VAT for the period from January 1, 2012 till December 31, 2012.    4. Parties of Transaction OAO Severstal – Vendee, OOO SSM-Tyazhmash - Supplier Price of Transaction 12 907 945,89 rubles inclusive of VAT Subject of Transaction Agreement № РС0395 dated 10.12.2009. Specification № 4500014374 – 182 835,97 rubles Specification № 4500018967 – 9 526 604,41 rubles Specification № 4500014405 – 5 521 935,78 rubles   5. Parties of Transaction OAO Severstal – Executor, OOO SSM-Tyazhmash - Customer Price of Transaction 9 200 000 rubles inclusive of VAT Subject of Transaction Addendum № 2 to the Agreement № ПУ0017 dated 26.02.2010. 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The agreement value shall be increased by 9 200 000 rubles.   6. Parties of Transaction OAO Severstal – Supplier, OOO SSM-Tyazhmash - Vendee Price of Transaction 9 150 900 rubles inclusive of VAT Subject of Transaction Addendum № 2 to the Supply Agreement № ВС0004 dated 31.03.2010.  1. The Agreement shall be extended till December 31, 2012. 2. The estimated agreement value shall be increased by 9 150 900 rubles inclusive of VAT for the period from January 1, 2012 till December 31, 2012.    7. Parties of Transaction OAO Severstal – Executor, OOO SSM-Tyazhmash - Customer Price of Transaction 6 300 000 rubles inclusive of VAT Subject of Transaction Addendum № 9 to the Agreement № ПУ0080 dated 19.04.2010 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 6 300 000 rubles.   8. Parties of Transaction OAO Severstal – Supplier, OOO SSM-Tyazhmash - Vendee Price of Transaction 4 122 000 rubles inclusive of VAT Subject of Transaction Addendum № 3 to the Supply Agreement № ВД0004 dated 31.03.2010. 1. The Agreement shall be extended till December 31, 2012. 2. The estimated agreement value shall be increased by 4122000 rubles inclusive of VAT for the period from January 1, 2012 till December 31, 2012.    9. Parties of Transaction OAO Severstal – Supplier, OOO SSM-Tyazhmash - Vendee Price of Transaction 2 300 000 rubles per annum inclusive of VAT Subject of Transaction Delivery of milk and kefir according to delivery notes.   10. Parties of Transaction OAO Severstal – Supplier, OOO SSM-Tyazhmash - Vendee Price of Transaction 2 185 000 rubles, inclusive of VAT Subject of Transaction Addendum № 2 to the Supply Agreement № No. КТ0001 dated 31.03.2010. 1. The Agreement shall be extended till December 31, 2012. 2. The estimated agreement value shall be increased by 2 185 000 rubles inclusive of VAT for the period from January 1, 2012 till December 31, 2012.    11. Parties of Transaction OAO Severstal – Executor, OOO SSM-Tyazhmash - Customer Price of Transaction 650 000 rubles, inclusive of VAT Subject of Transaction Addendum № 2 to Agreement № No. PU0002 dated 26.02.2010. 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 650 000 rubles.   12. Parties of Transaction OAO Severstal – Executor, OOO SSM-Tyazhmash - Customer Price of Transaction 250000 rubles inclusive of VAT Subject of Transaction Addendum № 4 to the Agreement № ПУ0036 dated 12.03.2010. 1. The Agreement shall be учеутвув till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 250 000 rubles.   13. Parties of Transaction OAO Severstal – Supplier, OOO SSM-Tyazhmash - Vendee Price of Transaction 250000 rubles, inclusive of VAT Subject of Transaction Addendum № 7 to the Supply Agreement № ЕЛ6025 dated 01.01.2006. 1. The Agreement shall be extended till December 31, 2012. 2. The estimated agreement value shall be increased by 250 000 rubles inclusive of VAT for the period from January 1, 2012 till December 31, 2012.    14. Parties of Transaction OAO Severstal – Executor, OOO SSM-Tyazhmash - Customer Price of Transaction 150000 rubles, inclusive of VAT Subject of Transaction Addendum № 2 to the Agreement № ПУ0053 dated 19.03.2010 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 150 000 rubles.   15. Parties of Transaction OAO Severstal – Executor, OOO SSM-Tyazhmash - Customer Price of Transaction 115000 rubles inclusive of VAT Subject of Transaction Addendum № 2 to the Agreement № ПУ0072 dated 20.04.2010 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 115 000 rubles.   16. Parties of Transaction OAO Severstal – Executor, OOO SSM-Tyazhmash - Customer Price of Transaction 100000 rubles inclusive of VAT Subject of Transaction Addendum № 2 to the Agreement № ПУ0075 dated 20.04.2010. 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 100 000 rubles.   17. Parties of Transaction OAO Severstal – Executor, OOO SSM-Tyazhmash - Customer Price of Transaction 80000 rubles inclusive of VAT Subject of Transaction Addendum № 2 to the Agreement № ПУ0065 dated 09.04.2010. 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 80 000 rubles.   18. Parties of Transaction OAO Severstal – Executor, OOO SSM-Tyazhmash - Customer Price of Transaction 20000 rubles inclusive of VAT Subject of Transaction Addendum № 2 to the Agreement № ПУ0045 dated 19.03.2010. 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 20 000 rubles.   19. Parties of Transaction OAO Severstal – Executor, OOO SSM-Tyazhmash - Customer Subject of Transaction Addendum № 1 to the Agreement № ПУ1021 dated 13.05.2011. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year).   20. Parties of Transaction OAO Severstal – Executor, OOO SSM-Tyazhmash - Customer Subject of Transaction Addendum № 1 to the Agreement № ПУ1017 dated 04.03.2011. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year).   7.       ООО Severstal Project   1. Parties of Transaction OAO Severstal – Customer, OOO Severstal Project - Contractor Price of Transaction 75 520 000 rubles per annum inclusive of VAT Subject of Transaction Addendum № 3 to the Agreement № РС0626 dated 05.05.2010. The estimated agreement value shall be increased by 75 520 000 rubles inclusive of VAT.   2. Parties of Transaction OAO Severstal – Customer, OOO Severstal Project – Contarctor Price of Transaction 22 538 000 rubles per annum inclusive of VAT Subject of Transaction Addendum № 1 to the Agreement № РС0751 dated 03.08.2010. The estimated Agreement value shall be increased by 22 538 000 rubles inclusive of VAT.   3. Parties of Transaction OAO Severstal – Executor, OOO Severstal Project - Customer Subject of Transaction Addendum № 2 to the Agreement № ПУ0083 dated 10.06.2010 The Agreement shall be extended till 31.12.2012.   4. Parties of Transaction OAO Severstal – Executor, OOO Severstal Project - Customer Subject of Transaction Addendum № 2 to the Agreement № ПУ0004 dated 26.02.2010. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year).   8.       ООО Severstal TPZ-Sheksna   1. Parties of Transaction OAO Severstal – Executor, OOO Severstal TPZ-Sheksna - Customer Price of Transaction 40 000 000 rubles per annum exclusive of VAT Subject of Transaction Addendum № 6 to the Agreement № ПУ1019 dated 17.03.2011.  The Agreement shall be extended till April 30, 2012.   2. Parties of Transaction OAO Severstal – Executor, OOO Severstal TPZ-Sheksna - Customer Price of Transaction 2 500 000 rubles inclusive of VAT Subject of Transaction Addendum № 4 to the Agreement № ПУ0077 dated 01.05.2010. 1. The Agreement shall be extended till 31.12.2012. 2. The Agreement value shall be increased by 2 500 000 rubles.   3. Parties of Transaction OAO Severstal – Executor, OOO Severstal TPZ-Sheksna - Customer Subject of Transaction Addendum № 7 to the Agreement № ПУ1019 dated 17.03.2011.  Introduction of new stations (Appendix 13). Addendum shall apply to relations of the Parties from 01.01.2012.      9.       OAO Severstal-Infocom   1. Parties of Transaction OAO Severstal – Customer, OAO Severstal-Infocom - Executor Price of Transaction 38 232 000 rubles per annum inclusive of VAT Subject of Transaction Addendum № 4 to the Agreement № РС9122 dated 20.04.09.  1. The Agreement shall be extended till 31.12.2012. 2. The estimated agreement value shall be increased by 38 232 000 rubles inclusive of VAT for the extended period.   2. Parties of Transaction OAO Severstal – Customer, OAO Severstal-Infocom - Executor Price of Transaction 2 360 000 rubles per annum inclusive of VAT Subject of Transaction Agreement № 63993/РС7299 dated 01.03.2007 shall be amended as follows: 1. The estimated agreement value in the amount 3 973 834,62 rubles inclusive of VAT shall be increased by 2 360 000 rubles inclusive of VAT. 2. Agreement № 63993/РС7299 dated 01.03.2007 shall be terminated from 31.03.2012.   3. Parties of Transaction OAO Severstal – Customer, OAO Severstal-Infocom – Contarctor Price of Transaction 82 000 rubles exclusive of VAT Subject of Transaction Addendum № 1 to Agreement № No. RS 11001. 1. The cost of construction and installation works shall be increased by 82 000,00 rubles exclusive of VAT. Object: AIP. Clause 091.49. Sanatorium and Preventorium “Rodnik”. Setting up satellite networks in the bedroom block. 2. The Agreement № shall be extended till 28.02.2012.   4. Parties of Transaction OAO Severstal - Lessor OAO Severstal-Infocom - Lessee Subject of Transaction Addendum № 1 to the Nonresidential Premises Lease Agreement № АР1240 dated 01.09.2011. Due to the changes in the address of the building where the leased premises are located Clause 1.1 shall be amended.   10.    ООО Severo-Zapad Ogneupor   1. Parties of Transaction OAO Severstal – Executor, OOO Severo-Zapad Ogneupor - Customer Price of Transaction 35 000 000 rubles inclusive of VAT Subject of Transaction Addendum №  2 to the Agreement № ПУ0018 dated 26.02.2010 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 35 000 000 rubles.   2. Parties of Transaction OAO Severstal – Executor, OOO Severo-Zapad Ogneupor - Customer Price of Transaction 200 000 rubles inclusive of VAT Subject of Transaction Addendum №  3 to the Agreement № ПУ0062 dated 19.03.2010 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 200 000 rubles.   3. Parties of Transaction OAO Severstal – Executor, OOO Severo-Zapad Ogneupor - Customer Price of Transaction 180 000 rubles inclusive of VAT Subject of Transaction Addendum № 4 to the Agreement № ПУ0038 dated 12.03.2010 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 180 000 rubles.   4. Parties of Transaction OAO Severstal – Executor, OOO Severo-Zapad Ogneupor - Customer Price of Transaction 65 000 rubles inclusive of VAT Subject of Transaction Addendum № 2 to the Agreement №  ПУ0052 dated 19.03.2010 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 65 000 rubles.   5. Parties of Transaction OAO Severstal – Executor, OOO Severo-Zapad Ogneupor - Customer Price of Transaction 30 000 rubles inclusive of VAT Subject of Transaction Addendum № 2 to the Agreement № ПУ0066 dated 09.04.2010. 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 30 000 rubles.   6. Parties of Transaction OAO Severstal – Executor, OOO Severo-Zapad Ogneupor - Customer Price of Transaction 3000 rubles, inclusive of VAT Subject of Transaction Addendum № 2 to the Agreement № ПУ0093 dated 16.08.2010 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 3 000 rubles.   7. Parties of Transaction OAO Severstal – Executor, OOO Severo-Zapad Ogneupor - Customer Subject of Transaction Addendum № 2 to the Agreement № ПУ0070 dated 09.04.2010 The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year).   8. Parties of Transaction OAO Severstal – Executor, OOO Severo-Zapad Ogneupor - Customer Subject of Transaction Addendum №  2 to Agreement № ПУ0016 dated 26.02.2010 The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year).   9. Parties of Transaction OAO Severstal – Executor, OOO Severo-Zapad Ogneupor - Customer Subject of Transaction Addendum № 3 to Agreement № ПУ0064 dated 09.04.2010 The Agreement shall be extended till 31.12.2012.   11.    ООО Severstal- Promservice   1. Parties of Transaction OAO Severstal – Supplier, OOO Severstal- Promservice - Vendee Price of Transaction 8 500 000 rubles per annum inclusive of VAT Subject of Transaction Delivery of drinking water in 6 and 19 liter bottles in disposable packages. Other essential conditions of transaction The Agreement shall remain effective till 31.12.2012.   2. Parties of Transaction OAO Severstal – Vendor, OOO Severstal- Promservice - Vendee Price of Transaction 3 500 000 rubles inclusive of VAT Subject of Transaction Delivery of 2.5% milk and kefir according to delivery notes.   3. Parties of Transaction OAO Severstal – Customer, OOO Severstal- Promservice - Contractor Price of Transaction 241 000 rubles exclusive of VAT Subject of Transaction Addendum № 1 to the Agreement № РС1960 dated 12.05.2011 The estimated cost of works as per Agreement № РС1960 shall be increased by 241 000 rubles exclusive of VAT.   4. Parties of Transaction OAO Severstal – Executor, OOO Severstal- Promservice - Customer Price of Transaction 150 000 rubles, inclusive of VAT Subject of Transaction Addendum № 1 to Agreement № ПУ1001 dated 30.12.2010 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 150 000 rubles.   5. Parties of Transaction OAO Severstal – Executor, OOO Severstal- Promservice - Customer Price of Transaction 120000 rubles inclusive of VAT Subject of Transaction Addendum № 1 to the Agreement № ПУ0099 dated 25.11.2010 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 120 000 rubles.   6. Parties of Transaction OAO Severstal – Lessor, OOO Severstal- Promservice - Lessee Price of Transaction 104330,16 rubles, inclusive of VAT/year Subject of Transaction Addendum № 9 to the Vehicle Lease Agreement № (without crew) № АР6195 dated 05.12.2006.  The Agreement shall be automatically extended till 31.12.2012. The number of extensions is unlimited.   7. Parties of Transaction OAO Severstal – Executor, OOO Severstal- Promservice - Customer Price of Transaction 70000 rubles inclusive of VAT Subject of Transaction Addendum № 1 to the Agreement № ПУ1014 dated 03.03.2011. 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 70 000 rubles.   8. Parties of Transaction OAO Severstal – Executor, OOO Severstal- Promservice - Customer Price of Transaction 50000 rubles inclusive of VAT Subject of Transaction Addendum № 1 to the Agreement № ПУ1007 dated 01.01.2011. 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 50 000 rubles.   9. Parties of Transaction OAO Severstal – Executor, OOO Severstal- Promservice - Customer Subject of Transaction Addendum № 2 to the Agreement № ПУ1008 dated 01.01.2011. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year).   10. Parties of Transaction OAO Severstal – Customer, OOO Severstal- Promservice - Contractor Subject of Transaction Addendum № 1 to the Agreement № СР1182 The Agreement shall be extended till 31.03.2012. Object: Power Plant. Oxygen Plant. Air Compression Area. Reconstruction of Turbo-compressor k-1500-62-2.   11. Parties of Transaction OAO Severstal – Customer, OOO Severstal- Promservice - Vendor Subject of Transaction Addendum № 5 to the Agreement № РС9056 The Agreement shall be extended till 31.12.2012. Object: Power Plant. Heat and Power Station. Reconstruction of Coolong Tower 6.   12. Parties of Transaction OAO Severstal – Executor, OOO Severstal- Promservice - Customer Subject of Transaction Addendum № 1 to the Agreement № ПУ1009 dated 01.01.2011 The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year).   12.    ООО Spetsmontazh   1. Parties of Transaction OAO Severstal – Customer, OOO Spetsmontazh - Contractor Price of Transaction 12 300 000 rubles exclusive of VAT Subject of Transaction 1. Construction and mounting works. Object: Power Plant. Upgrade of Turbogenerator 5. High-Pressure Preheater Replacement.  2. Work completion date: 30.09.2012.   2. Parties of Transaction OAO Severstal – Executor, OOO Spetsmontazh - Customer Price of Transaction 150 000 rubles inclusive of VAT Subject of Transaction Addendum № 1 to the Agreement № ПУ0078 dated 01.05.2010 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The estimated agreement value shall be increased by 150 000 rubles inclusive of VAT.   3. Parties of Transaction OAO Severstal – Customer, OOO Spetsmontazh - Vendor Subject of Transaction Addendum № 9 to the Agreement № РС8539 dated 30.10.2008. The Agreement shall be extended till 31.05.2012.   4. Parties of Transaction OAO Severstal – Customer, OOO Spetsmontazh - Contarctor Subject of Transaction Addendum № 13 to the Agreement № РС9222 dated 09.10.2009. The Agreement shall be extended till 31.05.2012.   5. Parties of Transaction OAO Severstal – Executor, OOO Spetsmontazh - Customer Subject of Transaction Addendum № 3 to the Agreement № ПУ0094 dated 26.08.2010. The Agreement shall be extended till December 31, 2012 (annual extension for the next calendar year).   6. Parties of Transaction OAO Severstal – Executor, OOO Spetsmontazh - Customer Subject of Transaction Addendum № 2 to the Agreement № ПУ0060 dated 19.03.2010. The Agreement shall be extended till December 31, 2012 (annual extension for the next calendar year).   13.    ООО Cherepovets Publishing House   1. Parties of Transaction OAO Severstal – Customer, OOO Cherepovets Publishing House - Executor Price of Transaction 4 130 000 rubles inclusive of VAT Subject of Transaction Preparation works for publication of Severstal Russian Steel newspaper.   2. Parties of Transaction OAO Severstal – Customer, OOO Cherepovets Publishing House - Executor Price of Transaction 21 944,22 rubles exclusive of VAT Subject of Transaction Invoice 13-01105 dated 23.12.2011 for souvenirs manufacturing.   3. Parties of Transaction OAO Severstal – Customer, OOO Cherepovets Publishing House - Executor Price of Transaction 2 621,96 rubles exclusive of VAT Subject of Transaction Invoice 13-01101 dated 23.12.2011 for calendar manufacturing.   14.    ОАО Karelsky Okatysh   1. Parties of Transaction OAO Severstal – Vendee, ОАО Karelsky Okatysh - Supplier Price of Transaction 599 934,42 rubles exclusive of VAT Subject of Transaction Single transaction, internal № 351 Description Total delivery  (in tons) Price in rubles exclusive of VAT Total amount in rubles exclusive of VAT Steel mill ball 15,300 508 419,00 91 515,42   Delivery period: 25.01.2012.    15.    ОАО Severstal-metiz   1. Parties of Transaction OAO Severstal – Executor, OAO Severstal-metiz - Customer Price of Transaction 430 000 rubles inclusive of VAT Subject of Transaction Addendum № 1 to the Agreement № ПУ1012 dated 01.02.2011 1. The Agreement shall be extended till 31.12.2012 2. The Agreement value shall be increased by 430 000 rubles.   2. Parties of Transaction OAO Severstal – Lessor, OAO Severstal-metiz - Lessee Subject of Transaction Addendum № 1 to the Nonresidential Premises Lease Agreement № АР1239 dated 01.09.2011. Due to the changes in the address of the building where the leased premises are located Clause 1.1 shall be amended.   3. Parties of Transaction OAO Severstal – Executor, OAO Severstal-metiz - Customer Subject of Transaction Addendum № 3 to the Agreement № ПУ0090 dated 05.10.2010. The Agreement shall be extended till December 31, 2012 (annual extension for the next calendar year).   16.    ООО Promleasing   1. Parties of Transaction OAO Severstal – Executor, OOO Promleasing - Customer Price of Transaction 320 000 rubles, inclusive of VAT Subject of Transaction Addendum № 1 to the Agreement № ПУ1006 dated 01.01.2011 1. The Agreement № shall be extended till December 31, 2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 320 000 rubles.   17.    ООО Severstal Mebel   1. Parties of Transaction OAO Severstal – Executor, OOO Severstal Mebel - Customer Price of Transaction 320 000 rubles inclusive of VAT Subject of Transaction Addendum № 3 to the Agreement № ПУ0044 dated 19.03.2010 1. The Agreement shall be extended till December 31, 2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 320 000 rubles.   2. Parties of Transaction OAO Severstal – Executor, OOO Severstal Mebel - Customer Subject of Transaction Addendum № 2 to the Agreement № ПУ0058 dated 19.03.2010 The Agreement shall be extended till December 31, 2012 (annual extension for the next calendar year).   18.    ОАО Metallurgremont   1. Parties of Transaction OAO Severstal – Executor, OAO Metallurgremont - Customer Price of Transaction 60000 rubles, inclusive of VAT Subject of Transaction Addendum № 2 to the Agreement № ПУ0069 dated 09.04.2010 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 60 000 rubles.   2. Parties of Transaction OAO Severstal - Executor, OAO Metallurgremont - Customer Price of Transaction 52000 rubles, inclusive of VAT Subject of Transaction Addendum № 4 to Agreement № ПУ0040 dated 12.03.2010 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 52 000 rubles   3. Parties of Transaction OAO Severstal – Customer, OAO Metallurgremont - Executor Subject of Transaction Addendum № 13 to Agreement № RS 7854. The Agreement № shall be extended till 30.09.2012. Object: Item 010.106. Scrap Yard. Area 3. Section of scrap processing (OKPS 5) in the open site (2nd line).   4. Parties of Transaction OAO Severstal - Executor, OAO Metallurgremont - Customer Subject of Transaction Addendum № 1 to the Agreement № ПУ1024 dated 01.08.2011 The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year).   5. Parties of Transaction OAO Severstal - Executor, OAO Metallurgremont - Customer Subject of Transaction Addendum № 1 to the Agreement № ПУ1005 dated 01.01.2011 The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year).   19.    ZAO Air Liquide Severstal   1. Parties of Transaction OAO Severstal – Executor, ZAO Air Liquide Severstal - Customer Price of Transaction 50000 rubles, inclusive of VAT Subject of Transaction Addendum № 2 to the Agreement № ПУ0022 dated 10.03.2010 1. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year). 2. The Agreement value shall be increased by 50 000 rubles.   20.    ООО Holding Gornaya Company   1. Parties of Transaction OAO Severstal – Lessor, ООО Holding Gornaya Company - Lessee Subject of Transaction Addendum № 1 the Nonresidential Premises Lease Agreement № АР1242 dated 01.09.2011. Due to the changes in the address of the building where the leased premises are located Clause 1.1 shall be amended.     21.    ZAO NEVA METALL   1. Parties of Transaction OAO Severstal – Executor, ZAO NEVA METALL - Customer Subject of Transaction Addendum № 1 to the Agreement № ПУ1033 dated 16.12.2011 The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year).   22.    ZAO Long Product Mill Balakovo   1. Parties of Transaction OAO Severstal – Executor, ZAO Long Product Mill Balakovo - Customer Subject of Transaction Addendum № 1 to the Agreement № ПУ1029 dated 03.10.2011. The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year).   23.    ZAO Trading House Severstal Invest   1. Parties of Transaction OAO Severstal – Executor, ZAO Trading House Severstal Invest - Customer Subject of Transaction Addendum № 3 to the Agreement № ПУ0023 dated 26.02.2010 The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year).   2. Parties of Transaction OAO Severstal – Executor, ZAO Trading House Severstal Invest - Customer Subject of Transaction Addendum № 1 to Agreement № ПУ1026 dated 01.08.2011 The Agreement shall be extended till 31.12.2012 (annual extension for the next calendar year).   3. Parties of Transaction OAO Severstal - Vendor ZAO Trading House Severstal Invest - Vendee Subject of Transaction Delivery Agreement № 643/00186217-11684 d 18.03.2011 shall be extended till September 30, 2012.   24.    ООО Kapital   1. Parties of Transaction OAO Severstal – Lessor, ООО Kapital - Lessee Subject of Transaction Addendum № 1 to the Nonresidential Premises Lease Agreement № АР1285 dated 1.11.2011. Due to the changes in the address of the building where the leased premises are located Clause 1.1 shall be amended.    25.    Lybica Holding  B.V.   1. Parties of Transaction OAO Severstal – Lender, Lybica Holding  B.V. - Borrower Subject of Transaction Addendum № 5 to the Loan Agreement № ГД0216 dated 05/07/2010 Clause 1.5. shall be amended as follows: “All payments shall be made in rubles at the rate of the Central Bank of the Russian Federation as of the date of payment”.   26.    ZAO Severgroup   1. Parties of Transaction OAO Severstal – Lessor, ZAO Severgroup - Lessee Subject of Transaction Addendum № 1 to the Nonresidential Premises Lease Agreement № АР1246 dated 01.09.2011. Due to the changes in the address of the building where the leased premises are located Clause 1.1 shall be amended.   27.    ZAO Severstal Resources   1. Parties of Transaction OAO Severstal - Lessor ZAO Severstal Resources - Lessee Subject of Transaction Addendum № 1 to the Nonresidential Premises Lease Agreement № АР1243 dated September 1, 2011. Due to the changes in the address of the building where the leased premises are located Clause 1.1 shall be amended.     II. According to the article 77 of the Federal Law “On Joint Stock Companies” № 208 – FL dated December 26, 1995 (as amended), the price of disposed or acquired property (services) under abovementioned interested party transactions with estimated cash value is deemed to be a market value.   Date of the Board meeting, at which such a resolution has been approved by the joint-stock company: January 19, 2012.   Date of the Board meeting’s Minutes of the joint-stock company, at which such a resolution has been approved: 19.01.2012, Minutes № 1-2012.

3. Signature

3.1. Corporate Secretary of OAO Severstal acting on the basis of the Power of attorney № сст-20-9/1742 dated 29.07.2010                                                           Tsvetkov О.Y.   3.2. Date: January 19, 2012