Moscow, Russia – April 2, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports extending maturity of credit lines granted by Raiffeisenbank AO, totaling 30 million US dollars.

Mechel’s subsidiary Yakutugol Holding Company OAO signed an agreement with Raiffeisenbank AO for extending the maturity of active credit lines totaling 30 million US dollars until February 2016. According to the agreement, the outstanding debt will be converted into Russian rubles, pledges remain unchanged.

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Mechel OAO

Ekaterina Videman

Phone: +7 495 221-88-88

ekaterina.videman@mechel.com