The present invitation to make offers is addressed to any number of unspecified persons and corresponds to the clause 1 of the article 437 of the Russian Federation Civil Code and is not a public offer.

Persons interested in selling the shares of the above subsidiaries which they own, may send those offers to the e-mail address: irina.ipeeva@mechel.com. The form for making offers may be obtained through Mechel’s website at www.mechel.com.

Mechel will begin to review the offers on the day following this announcement. If the day falls on a weekend or a holiday specified by the legislation of the Russian Federation, the review of offers would begin on the first business day after it.

The period of acceptance of offers is 30 (thirty) days. Mechel OAO is entitled to stop the acceptance of offers before the end of the specified period by publication of the corresponding announcement on the Company’s website. If a person interested in selling their shares does not receive any official answer in 15 days period since the date of sending their offer, the offer is considered to be voided by Mechel OAO and does not imply any mutual civil rights to both parties.