OREANDA-NEWS. Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that its annual and transition report of foreign private issuers 20-F for the year ended December 31, 2006, which has been filed with SEC, is available at the following link

http://www.sec.gov/Archives/edgar/data/1302362/000110465907051580/a07-17906_120f.htm

Shareholders may also request a hard copy of Mechel’s latest 20-F with complete audited financial statements free of charge by sending their request to Mechel at ir@mechel.com or by posting such a request through a link at Investors section of Mechel’s web site at www.mechel.com