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Mechel Announces Financial Lease Contract for Mainline Diesel Locomotives

Moscow, Russia – August 5, 2011 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the signing of a three-party contract between Mecheltrans Vostok OOO, Sinara-Transport Machines OAO, and VTB Leasing OAO for development, production and delivery of TEM-8 type locomotives.

Mechel Announces Appointment of Mechel-Energo OOO Chief Executive Officer

Moscow, Russia – August 4, 2011 - Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the appointment of Anatoly Merzlyakov as the new Chief Executive Officer of Mechel-Energo OOO. Mr. Merzlyakov replaces Sergei Zorin, who was acting chief executive officer.

Mechel Announces Payment of Dividends Based on 2010 Fiscal Year Results

Moscow, Russia – August 3, 2011 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces a dividend payment (including taxes) of 7,270,817,107.14 rubles (approximately 261.39 million US dollars*), based on the Company’s results for the 2010 fiscal year.

Mechel Announces Decisions Made by Mechel Mining OAO Board of Directors

Moscow, Russia – July 1, 2011 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the decisions made by Mechel Mining OAO’s Board of Directors.

Mechel Reports The 1Q 2011 Financial Results

Moscow, Russia – June 29, 2011 – Mechel OAO (NYSE: MTL), a leading Russian mining and steel group, today announced financial results for the 1Q 2011.

Mechel Announces 2011 First Quarter Financial Results Conference Call and Internet Broadcast

Moscow, Russia — June 24, 2011 — Mechel OAO (NYSE: MTL), a leading Russian mining and metals group, announces that it intends to release its financial results for the first quarter period ending March 31, 2011, on Wednesday, June 29, 2011. In conjunction with this release, Mechel will host a conference call, which will be simultaneously broadcasted live over the Internet. Yevgeny Mikhel, Chief Executive Officer, will host the call.

Mechel Reports Results of a Meeting with Posco’s Management

Moscow, Russia – June 21, 2011 - Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports the results of a meeting between the management of Mechel and Posco, which include signing of the Framework Project Agreement and the Agreement for Construction of a Permanent Shift Worker Settlement for Elga Coal Complex.

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