OREANDA-NEWS. June 27, 2007. Moscow, Russia — June 26, 2007 — Mechel OAO (NYSE: MTL) announces that it intends to release its results for the full year period ending December 31, 2006, on Thursday, June 28, 2007. In conjunction with this release, Mechel will host a conference call, which will be simultaneously broadcast live over the Internet. Igor Zyuzin, Chief Executive Officer, will host the call.

Listeners can access the conference call live over the Internet through a link on Mechel's web site at http://www.mechel.com/investors/fresults/index.wbp at the following times:

Thursday, June 28, 2007
6:00 PM Moscow Time
3:00 PM London Time
10:00 AM New York Time

Please allow 15 minutes prior to the call to visit the site and download and install any necessary audio software. Additionally, investors can access a replay of the webcast on our web site for one month.

The dial-in numbers to access the call via phone will be announced shortly on our web site.