OREANDA-NEWS. September 3, 2007.  Severstal's Board of Directors, held on 30-31 August 2007, recommended a dividend of 10.0 rubles per share and per global depositary receipt ("GDR") for the half year of 2007 with the record date of 20 August 2007. Each GDR represents one share in the Company.
Approval of the dividend payment is expected at the company’s EGM on 28 September 2007