OREANDA-NEWS. December 21, 2007. OAO Severstal (LSE: SVST) announces that Christopher Clark, the Non-executive Chairman of the Board of directors, bought 10,000 GDRs of Severstal at a market price of US$22.29 on December 19th, 2007. Each GDR represents one ordinary share.

OAO Severstal have disclosed this information following its corporate policy of maximum transparency and the best market practices.