OREANDA-NEWS. January 5, 2011. Metinvest (Metinvest B.V.) announces its unaudited interim consolidated results in acordance with IFRS for the nine months ended 30 September 2010.

9M 2010 Highlights

Financials

Consolidated revenue USD 6,830 million (+54.8% vs. 9M 2009)

Consolidated adjusted EBITDA USD 1,938 million (+80.4%) with EBITDA margin 28.4%

Net profit USD 873 million (+149.4%)

Total debt USD 2,520 million (vs. USD 1,943 million as of 31 December 2009)

Seller’s Notes USD 408 million (vs. USD 491 million as of as of 31 December 2009)

Cash and cash equivalents USD 630 million (vs. USD 159 million as of 31 December 2009)

Steel segment

Crude steel production 6.1 million tonnes (+21.6%)

Steel segment revenue USD 3,819 million (+25.2%)

Total external steel sales USD 3,776 million (+25.2%)

Coke & coal segment

Coking coal (raw coal) production 7.6 million tonnes (+5.8%) and steam coal production 2.6 million tonnes (+16.1%)

Coke & coal segment revenue USD 1,603 million (+81.1%)

Total external coke & coal sales USD 861 million (+80.1%)

Iron ore segment

Iron ore production 27.1 million tonnes (+25.5%)

Iron ore segment revenue USD 2,930 million (+134.2%)

Total external iron ore sales USD 2,193 million (+138.9%).