OREANDA-NEWS. October 30, 2012.  Severstal (‘Severstal’), one of the world’s leading vertically integrated steel and steel-related mining companies, announces that the Board of Directors has called an EGM to be held by absentee voting on 20 December 2012.  The following agenda for the EGM has been approved by the Board:

Dividend payments for the first nine months of the financial year to 30 September 2012.

The closing date for the receipt of voting ballots is 20 December 2012. All Severstal shareholders on the register as at 9 November 2012 are eligible to participate.

In the case that the dividend payments for the first nine months of the financial year to 30 September 2012 are approved at the EGM, the record date will be 9 November 2012.

Enquiries:

Severstal Investor Relations
Vladimir Zaluzhsky

T: +7 495 926 7766
Severstal Public Relations
Elena Kovaleva
T: +7 (495) 926-77-66

Hudson Sandler (Financial Communications Adviser)
Andrew Hayes / Andrew Leach / Maria Ignatova / Alex Brennan
T: +44 (0) 20 7796 4133