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Mechel

July 24, 2007

Mechel appoints Deputy CEO for Foreign Trade of Mechel Management OOO

Moscow, Russia – July 24, 2007, – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the appointment of Oleg Rozenberg to the position of the Deputy Chief Executive Officer for Foreign Trade at Mechel Management OOO, the management subsidiary of Mechel OAO.

In this position Mr. Rozenberg will be in charge of overseeing sales of Mechel mining and steel subsidiaries’ products to key global markets. His responsibilities include management of export sales, logistics, and distribution development, and he will focus on driving sales of Mechel’s products outside of Russia.

Oleg Rozenberg has longstanding experience in coal and coke-chemical export trade.

“Oleg has been a valuable member of our team, most recently heading coal export sales. Under his leadership Mechel increased sales by intensifying work with end customers, optimizing logistics and supply chains and enhancing product mix. We look forward to his continued contributions in this new capacity, applying a similar approach to enhancing export sales in our mining and steel segment to key markets outside of Russia,” Mechel Management OOO Chief Executive Officer Vladimir Polin said.

 

 

 

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