MECHEL OAO ANNOUNCES ESTABLISHING ITS REPRESENTATIVE OFFICE IN KEMEROVO CITY
Kemerovo, Russia – June 24, 2010 – Mechel OAO (NYSE: MTL), one of the leading
Russian mining and metals companies, announces establishing its official
representative office in Kemerovo city.
The registration procedure of Mechel OAO’s representative office in Kemerovo
city was completed on June 11, 2010.  The legal address of the representative
office is: 650036, Russian Federation, Kemerovo city, Lenin Prospekt, bld. 90/4.

Konstantin Anatolievich Panfilov, Mechel OAO’s Executive Vice President for
Kemerovo region, was appointed the Head of the representative office.
The representative office’s functions will include: establishing and maintenance
of contacts with government authorities and business community of Kemerovo
region, representation of Mechel group’s interests, assistance to the Mechel
group’s plants in their operations, strengthening cooperation with Mechel’s
partners and establishing new relations to ensure expansion of the group’s
activities.
The new office will also provide actual data on the current market trends and
advise Mechel’s management on tenders and auctions held in the region.
The office would allow improving management of strategically important assets of
Mechel group located in Kemerovo region and let the company be more flexible in
the changing market environment.
The following Mechel’s subsidiaries operate in Kemerovo region: Southern Kuzbass
Coal Company OAO (one of Mechel’s mining segment assets), Southern Kuzbass Power
Plant OAO (a part of Mechel’s power segment) and Kuzbass Power Sales Company OAO
(power distributing company as a Guaranteeing Supplier – also a part of Mechel’s
power segment).
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Mechel OAO
Ekaterina Videman
Tel.: (495) 221-88-88
ekaterina.videman@mechel.com
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Mechel is one of the leading Russian companies. Its business includes four
segments: mining, steel, ferroalloy and power. Mechel unites producers of coal,
iron ore concentrate, nickel, steel, ferrochrome, ferrosilicon, rolled products,
hardware, heat and electric power. Mechel products are marketed domestically and
internationally.
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Some of the information in this press release may contain projections or other
forward-looking statements regarding future events or the future financial
performance of Mechel, as defined in the safe harbor provisions of the U.S.
Private Securities Litigation Reform Act of 1995. We wish to caution you that
these statements are only predictions and that actual events or results may
differ materially. We do not intend to update these statements. We refer you to
the documents Mechel files from time to time with the U.S. Securities and
Exchange Commission, including our Form 20-F. These documents contain and
identify important factors, including those contained in the section captioned
“Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in our
Form 20-F, that could cause the actual results to differ materially from those
contained in our projections or forward-looking statements, including, among
others, the achievement of anticipated levels of profitability, growth, cost and
synergy of our recent acquisitions, the impact of competitive pricing, the
ability to obtain necessary regulatory approvals and licenses, the impact of
developments in the Russian economic, political and legal environment,
volatility in stock markets or in the price of our shares or ADRs, financial
risk management and the impact of general business and global economic
conditions.