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Mechel OAO Announces the Acquisition of HBL Holdings

Moscow, Russia – September 24, 2008 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the acquisition of a 100% stake in HBL Holding GmbH by its Mechel Service OOO service and sales subsidiary.

Mechel OAO Announces the Commissioning of Its New Mining and Processing Plant At the Voskhod Chrome Ore Deposit

Aktyubinsk, Kazakhstan – September 22, 2008 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the commissioning of its new mining and processing plant at the Voskhod chrome ore deposit in the Aktyubinsk Region, Kazakhstan.

Mechel Announces the Installation of New Equipment at Its Southern Urals Nickel Plant OAO Subsidiary

Orsk, Russia – September 18, 2008 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that it has upgraded the machine tool equipment base at its Southern Urals Nickel Plant OAO subsidiary.

Mechel Announces the Commissioning of a New Long Wall Face at Its Olzherasskaya-Novaya Mine

Mezhdurechensk, Russia – September 11, 2008 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that a new long wall face has been commissioned at the Olzherasskaya-Novaya Mine, at its Southern Kuzbass OAO coal mining subsidiary.

Mechel OAO Commences Construction of Coal Transshipment Complex at Vanino Port

Vanino, Khabarovsk Krai, Russia – September 9, 2008 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that it has launched the initial project stages to construct a specialized coal transshipment complex at Vanino Port (Vanino SCTC), Khabarovsk Krai, Russia.

Mechel Completes Repair of Coking Battery #4 at Chelyabinsk Metallurgical Plant

Chelyabinsk, Russia – September 4, 2008 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that it has completed the repair of coking battery #4 at its Chelyabinsk Metallurgical Plant.

Mechel Appoints General Director at its Southern Kuzbass Power Plant OAO Subsidiary

Moscow, Russia – September 2, 2008 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the appointment of a new General Director at its Southern Kuzbass Power Plant OAO subsidiary.

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