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14 June 2006

NLMK’s Chairman Vladimir Lisin met Kemerovo region Governor Aman Tuleev

The Governor of the Kemerovo region, Aman Tuleev, and Chairman of the Board of Novolipetsk Steel (NLMK), Vladimir LisinVladimir LisinChairman of the Board of Directors
, met on June 13 in Kemerovo and discussed measures to improve the situation in the field of industrial safety. During the meeting they also discussed possible arrangements to increase salaries of the employees of “Prokopievskugol” Coal Company, a newly-acquired NLMK subsidiary.

During the meeting Vladimir LisinVladimir LisinChairman of the Board of Directors
stressed that “serious efforts are needed to achieve stability, and we have the opportunity to increase the level of efficiency at “Prokopievskugol”.

Following the meeting, Aman Tuleev said: “NLMK is recognized as the leader in the Russian steel-making industry. We believe strongly that “Prokopievskugol” is going to benefit hugely from the ownership of NLMK which is renowned as a socially- responsible employer”.

The Governor assured the owners of “Prokopievskugol” that the regional authorities and Prokopyevsk city administration were ready to provide all necessary assistance.

For reference: “Prokopievskugol” is a coal company that owns 7 mines and 3 processing plants. The annual output of Prokopievskugol is about 3 mln tonnes of coking coal and 2 mln tonnes of energy coal.