30 March 2006

Severstal publishes a Shareholder Information Broshure on Independent valuations of Severstal and mining companies

The issue is related to announced merging of mining business of Severstal Shareholder Group into the steel making company Severstal. The Brochure includes brief description of Severstal and mining companies, structure of aquired assets, and results of independent valuations, provided by OOO Rosexpertisa.

Shareholders can obtain further information by calling:

Severstal Investor Relations Group on +7 (495) 540 7766