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Novolipetsk Steel

October 31, 2016

Management comments regarding the third quarter dividend recommendation

NLMK Group (LSE: NLMK), an international steelmaking company with operations in Russia, the USA and EU member states, informs that the management of the Group is planning to recommend the third quarter dividends in the amount of $350 million equivalent of 75% of the reported free cash flow for the third quarter of 2016.

For information: on November 17, 2016, the NLMK Group Board of Directors will recommend the third quarter dividends for the approval at the Extraordinary General Meeting of Shareholders.

For more information:

IR contacts:

Sergey Takhiev

Head of Investor Relations

+79857605574

st@nlmk.com

 

 

 

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