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Mechel

January 15, 2008

Mechel announces appointment of its Steel Division Director

Moscow, Russia – January 15, 2008 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the appointment of Andrey Deineko as its Steel Division Director.

Andrey Deineko (54) will be in charge of developing Mechel’s steel segment, carrying out operational management, planning, and controlling operations of Mechel’s steel assets.

“We are very pleased that such a high level professional, who obtained an education in metallurgy and has extensive experience in various scientific, commercial, production, and government agencies, will join our team as our Steel Division Director. We are sure that his knowledge and experience will enable Mechel to develop and strengthen its steel business segment even more intensively and to efficiently implement capital investment programs at its subsidiaries, thus further enhancing our market position,” Mechel Management OOO Chief Executive Officer Vladimir Polin said.

Prior to his appointment as Steel Division Director, Mr. Deineko held the position of Director of the Department of Industry in the Russian Ministry of Industry and Energy from 2005 to 2007, having been Deputy Director of this Department from 2004 to 2005. He was Director of the Department of Industrial and Innovative Policy in the Russian Ministry of Industry and Science from 2002 to 2004. From 1999 to 2002, he was Deputy General Director of Oskol Electrometallurgical Plant OAO. He held the position of Deputy General Director of INTERFIN Interbank Investment and Finance Company ZAO from 1998 to 1999 and Director of Supply Division of Zapad-Elite ZAO from 1997 to 1998. From 1976 to 1997, he was engineer, senior engineer, senior researcher, laboratory head, Department Head, and Deputy Director at the Bardin Central Scientific and Research Institute of Ferrous Metallurgy. He has been awarded the title of Honorable Metallurgist. Mr. Deineko graduated from the Moscow Institute of Steel and Alloys with the specialty of Engineer of Metallurgy, and obtained his post-graduate degree in technical sciences from the same institute.

 

 

 

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