OJSC Magnitogorsk Iron and Steel Works (MMK) announced that the company will hold an extraordinary general meeting of shareholders (in the absentee vote format) on Saturday, December 29, 2012.

Shareholders are expected to vote on approving dividends on the MMK issued stock based on the company performance for 9M 2012.

Voting results will be posted on the MMK website https://eng.mmk.ru/ on the same day of December 29, 2012.

Due to the weekend in the United Kingdom, information on the voting results will be posted on the LSE website on Monday, December 31, 2012.

Contacts:

Investor Relations Department:

Andrey Serov, Head of IR
tel.: +7 (3519) 24-52-97
E-mail: serov.ae@mmk.ru