News

2 May 2006

OJSC Novolipetsk Steel (NLMK) Completes Tender Offer for Ordinary Shares in OJSC "KMA Ruda"

OJSC Novolipetsk Steel (NLMK) announces that it completed a tender offer for OJSC KMA Ruda ordinary shares on 27 April, 2006. As a result of the tender offer, NLMK purchased 8.59% ordinary shares increasing its ownership in KMA Ruda to 84.85%.

KMA Ruda is a mining company located within 350 kilometers of NLMK’s production facilities in Lipetsk. The company holds a leading position among Russian deep-mining companies. KMA Ruda supplies NLMK with iron ore concentrate.

Contacts

Babichenko Sergey

Head of PR

+7 (495) 504 05 04

babichenko_sy@nlmk.com

Maria Simonova

Press Secretary

+7 (915) 322-62-25

simonova_mn@nlmk.com

Sergey Takhiev

Head of IR

+7 (495) 504 05 04

st@nlmk.com

All contacts