FEBRUARY 2011
                                        

Mechel OAO to open two new representative offices

Mechel OAO, a Russian mining and metals companies, announced that the board of directors has decided to open official representative offices in the Southern Federal District and the Amur Region.

Sergei M. Nazarov was appointed head of the representative office in the Southern Federal District.

The new representative office will allow for more efficient management of the Mechel group’s assets in the Southern Federal District, as well as prompt reaction to the region’s needs in its intensive development in view of the 2014 Winter Olympics at Sochi and the 2018 World Football Championship, which will be held partly in the Southern District (the cities of Krasnodar, Rostov-on-Don and Sochi).

Oleg V. Burkov was appointed head of the representative office in the Amur Region.

The representative office will provide more efficient assistance to the Mechel group’s enterprises in constructing and exploiting the Elga Coal Complex, as well as actual data on several major federal projects, such as construction of the Vostochny cosmodrome, modernization of the Trans-Siberian Railway and the Baykal-Amur Railroad’s northern latitudinal passage.

The functions of both representative offices will include establishing and maintaining contacts with government authorities and business community of the Southern Federal District and the Amur Region respectively, representation of Mechel group’s interests, strengthening cooperation with Mechel’s partners and establishing new relations to ensure expansion of the group’s activities.