Moscow, Russia – January 15, 2015 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports extending the maturity of its credit lines from Credit Bank of Moscow totaling 105 million US dollars.

Mechel Group’s enterprise – Mechel Service OOO – signed an agreement with Credit Bank of Moscow for extending the maturity of our existing credit lines totaling 105 million US dollars until February 2016. The security pledge and interest rate remain unchanged.

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Mechel OAO

Ekaterina Videman

Phone: +7 495 221-88-88

ekaterina.videman@mechel.com