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Mechel Obtains Quality Certificate and European Registration for Its Products

Moscow, Russia – February 12, 2009 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the preliminary registration of its subsidiaries’ products for compliance with the European Union’s REACH Regulations and obtaining the certificate of compliance with the European standards for the fiber produced by one of Mechel’s subsidiaries, Mechel Nemunas (Kaunas, Lithuania).

Mechel Announces Opening of Credit Facilities In The Amount of $1 Billion by Gazprombank

Moscow, Russia – February 9, 2009 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, today announced that its subsidiaries have been provided with lines of credit totaling $1 billion from Gazprombank OAO.

Mechel Announces Progress in Constructing The Railway Spur Track to the Elga Coal Deposit

Neryungri, Russia – February 3, 2009 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that its Yakutugol HC OAO coal mining subsidiary continues active operations in constructing the road to the Elga coal deposit.

Mechel Announces Operational Results For 2008

Moscow, Russia – January 22, 2009 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announced today operational results for 2008.

Mechel Hosts the Chelyabinsk Region Governor, Pyotr Sumin, at its Chelyabinsk Metallurgical Plant Subsidiary

Chelyabinsk, Russia – January 21, 2009 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that the Chelyabinsk Region Governor, Pyotr Sumin, visited Mechel’s Chelyabinsk Metallurgical Plant OAO (CMP) subsidiary today.

Mechel Announces the Results from its Mechel Service OOO Subsidiary’s Sales Network Development in 2008

Moscow, Russia – January 15, 2009 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the results of implementing its plan to develop the branch network of its Mechel Service OOO service and sales subsidiary.

Mechel Enters into an Agreement with Gazprombank OAO to Arrange Financing of Universal Rolling Mill Installation Project at its Chelyabinsk Metallurgical Plant Subsidiary

Moscow, Russia – January 13, 2009 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces it has entered into an agreement with Gazprombank OAO to arrange for the financing of a universal rolling mill installation project at its Chelyabinsk Metallurgical Plant OAO (CMP OAO) subsidiary.

Mechel OAO Announces Payment of Dividends Based On the Results for 2007 Fiscal Year

Moscow, Russia – January 13, 2009 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces a dividend payment (including taxes) of RUR10,974,744,749.12 (approximately US$378.4 million as of December 31, 2008), based on the Company’s results for the 2007 fiscal year.

Mechel Reports 2008 First Half and Nine Months Financial Results

Moscow, Russia – December 18, 2008 – Mechel OAO (NYSE: MTL), a leading Russian integrated mining and steel group, today announced financial results for the first half ended June 30, 2008 and for the nine months ended September 30, 2008.

Mechel OAO Announces New Appointments

Moscow, Russia – December 17, 2008 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces new executive appointments effective immediately.