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Mechel reports full year 2005 results

Moscow, Russia - May 18, 2006 - Mechel OAO (NYSE: MTL), a leading Russian integrated mining and steel group, today announced results for the full year, ended December 31, 2005.  

Mechel 2005 full year results conference call to be broadcast over the Internet

Moscow, Russia — May 15, 2006 — Mechel OAO (NYSE: MTL) announces that it intends to release its results for the full year ending December 31, 2005, on Thursday, May 18, 2006. In conjunction with this release, Mechel will host a conference call, which will be simultaneously broadcast live over the Internet. Alexey Ivanushkin, Chief Operating Officer of Mechel, will host the call.

Mechel announces acquisition of a metal scrap processing company in Chelyabinsk

Moscow, Russia – April 27, 2006 – Mechel OAO (NYSE:MTL) has announced the acquisition of a 100% stake in Metals Recycling OOO, a Chelyabinsk-based metal scrap processing company through its subsidiary, Mechel Service OOO for approximately US$6.0 million. The transaction is a part of Mechel’s policy to ensure its steel segment’s self-sufficiency in raw materials.

Mechel decides to place bonds for 10.0 billion Russian rubles

Moscow, Russia – March 30, 2006 – Mechel OAO (NYSE: MTL) announces the resolution adopted by the Board of Directors to place two issues, Series 02 and 03, of documentary interest-bearing inconvertible bonds with the par value of RUR 1,000.00, the amount of each issue to be RUR 5.0 billion, at the Moscow Interbank Currency Exchange (MICEX).

Mechel announces introduction of a new hardware marketing system

Moscow, Russia – March 21, 2006 – Mechel OAO (NYSE: MTL) announces establishment of a 100%-owned subsidiary, Mechel Hardware OOO. The new company will sell products manufactured by Mechel’s hardware plants. The changes are in line with Mechel’s overall strategy to develop its mining segment and improve the efficiency of its steel business.

Mechel optimizes its capex program, increasing focus on mining; Mechel announces an increase in dividend policy

Moscow, Russia — March 7, 2006 — Mechel OAO (NYSE: MTL) announces that, following an internal review process, it has optimized its capital expenditure program, allocating substantial additional funds for the continuing development and expansion of its mining segment. This rebalancing reflects Mechel’s overall strategy of seeking strong growth in its mining segment, both through organic growth as well as acquisitions.

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