25 July 2006

Novolipetsk Steel’s ordinary shares listed on Russia’s MICEX Stock Exchange (MICEX SE)

OJSC Novolipetsk Steel (LSE: NLMK), the Russian leading steel producer, today announced that it has listed its ordinary shares on the MICEX Stock Exchange (MICEX Quotation List “B”), Russia’s largest stock exchange.

Listing NLMK’s shares on the MICEX Stock Exchange is aimed at further increasing the company’s liquidity.

Novolipetsk Steel is also listed on the Russian Trading System (RTS) stock exchange and on the London Stock Exchange (LSE).