MECHEL ANNOUNCES PARTICIPATION IN ST. PETERSBURG INTERNATIONAL ECONOMIC FORUM
Moscow, Russia – June 8, 2009 – Mechel OAO (NYSE: MTL), one of the leading
Russian mining and metals companies, announces results of participation in St.
Petersburg International Economic Forum 2009.
For the two successive years Mechel has been a partner of St. Petersburg
International Economic Forum. The company believes its participation in this
most comprehensive international economic dialogue is important both in view of
operation in Russian market and for establishment of new international relations
as well as strengthening of existing ones.
At the booth of the company participants of the Forum were able to familiarize
themselves with major indicators of corporate business and to directly address
their questions to Mechel's top management and employees.
In the course of the Forum Mechel OAO Chief Executive Officer Mr. Igor Zyuzin
took part in panel discussion entitled Russia-US Business Dialogue: Economic
Cooperation as the Basis for “Reloading” Relations between Russia and the United
States and the “CIS as an Area for Cooperation. Agenda for Tomorrow” session.
Also during the Forum Mechel’s top management had meetings with the Heads of
Administrations of the regions in which Mechel’s plants are operating. The
managers had meetings with Russian and international partners as well.
Mechel delegates held several meetings with investment funds owning stakes in
the company and with representatives of banks and other financial organizations.
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Mechel OAO
Ilya Zhitomirsky
Phone: + 7 495 221 88 88
ilya.zhitomirsky@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, rolled products, ferroalloys, 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.