Moscow, Russia – July 27, 2015 – Mechel OAO (MICEX:MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports its Board of Directors’ decision to make a new appointment to Mechel OAO’s Management Board.

By the Board of Directors’ decision, Minas Darbinyan has been appointed to Mechel OAO’s Management Board.

Darbinyan, 32, has been appointed Mechel OAO’s Deputy Chief Executive Officer for Financial Control in June 2015. Prior to that appointment, he has since 2013 worked as a director for strategic planning at Uranium One Holding N.V., part of state-owned company Rosatom. In 2013, he briefly served as chief of the investment planning and development department at Atomredmetzoloto OAO, also part of Rosatom. In 2011-2013, Darbinyan worked as a senior consultant at KPMG ZAO. In 2008-2011, he was chief financial officer at MIEL DPM. In 2006-2008, he worked as an aide to Moscow Industrial Bank’s vice-president.

Darbinyan has a Master’s degree in financial management from the Russian Presidential Academy of National Economy and Public Administration, which he graduated in 2010. In 2005, he graduated the State Academic University for Humanities with a specialty in economic theory.

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Mechel OAO
Ekaterina Videman
Phone: +7 495 221-88-88
ekaterina.videman@mechel.com