OJSC Magnitogorsk Iron and Steel Works ("MMK", or "the Company") (LSE: MMK) will hold its inaugural Capital Markets Day in London on the morning of 26 April 2017 to celebrate 10 years of its GDR listing.

At the Capital Markets Day, Chairman of the Board of Directors of MMK, Viktor F. Rashnikov, and the executive management team will discuss the transformation of MMK and progress against the Company’s strategy to 2025.

The event will take place at the London Stock Exchange, 10 Paternoster Row, London, EC4M 7LS.

Further information regarding the exact timing of presentations will be provided in due course. A live video webcast of the presentations will be available to participants unable to attend in person, and after the event.

Registration for Capital Markets Day will be available online at a later date.

Notes for editors:

MMK is one of the world's largest steel producers and a leading Russian metals company. The company's operations in Russia include a large steel-producing complex encompassing the entire production chain, from the preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products with a predominant share of high-value-added products. In 2015, the company produced 12.5 million tonnes of crude steel and 11.6 million tonnes of commercial steel products. MMK Group had sales in 2015 of USD 5,630 million and EBITDA of USD 1,956 million.

Contacts:

Investor Relations Department:

Andrey Serov, Head of IR
tel.: +7 (3519) 24-52-97
e-mail: serov.ae@mmk.ru

Communications Department: