Announcement of Extraordinary General Meeting and record date for H1 2012 dividend payments

27.07.2012, Moscow. OAO Severstal (‘Severstal’), one of the world’s leading vertically integrated steel and steel related mining companies, announces that the Board of Directors have called an EGM to be held by absentee voting on 27 September  2012.  The following agenda for the EGM was approved by the Board:

1.            Dividend payments for the first six months of the financial year to 30 June 2012.

The closing date for the receipt of voting ballots is 27 September 2012. All Severstal shareholders on the register as at 10 August 2012 are eligible to participate.

The record date for dividend payments for the first six months of 2012 is 10 August 2012.