OREANDA-NEWS. May 25, 2010. SCM brings to your knowledge that the information about Metinvest's purchase of 50% in Zaporozhstal published today by a number of media is not true.

We bring your attention to the fact that Rinat Akhmetov transferred all his business to System Capital Management, of which he is the majority shareholder. Thus, the statement about purchase of any business/relation of any business to Rinat Akhmetov automatically includes the company into the SCM Group.

Therefore, we consider as necessary to state that at present neither Rinat Akhmetov personally nor SCM Group (including the metal and mining holding, Metinvest) is the owner of Zaporozhstal or is in the process of making a transaction to buy this company.

The information about Metinvest's purchase of 50% in Zaporozhstal published today by a number of media is not true.

We are interested in accurate coverage of the activity of SCM Group and are ready to provide the media with required information and comments. We kindly ask you to address us for comments when preparing the materials related to SCM Group business. We are always happy to answer any questions on the activity of the Group.