30 March 2011 NLMK Group

FY2010 NLMK Group Consolidated Financial Results under US GAAP

Novolipetsk Steel (NLMK), the LSE-listed leading Russian steel producer, today announces its consolidated US GAAP results for 12M 2010. Conference call details NLMK is pleased to invite the investment community to a conference call with the management of NLMK: Wednesday, March 30, 2011 10:00 (New York) 15:00 (London) 18:00 (Moscow) To join the conference call, please, register on-line: 177716¬ or dial International Call-in Number: +44 (0)20 7162 0025 US Call-in Number: +1 877 491 0064 Conference ID: 891756 *We recommend that participants register on-line to avoid waiting in a queue or to start dialing in 5-10 minutes prior to ensure a timely start to the conference call. The conference call replay will be available through 7 April 2011 International Replay Number: +44 (0) 207 031 4064US Replay Number: +1 954 334 0342 Replay Access Code: 891756 It is recommended that participants download presentation in advance on NLMK’s web-site