Severstal announces results of voting on resolutions proposed at Extraordinary General Meeting

OAO Severstal announces the results of voting on the resolutions proposed at the Extraordinary General Meeting held on 19 October 2009.

To re-elect the Board of Directors of OAO Severstal composed of the following: Alexey Mordashov, Mikhail Noskov, Sergei Kuznetsov, Anatoly Kruchinin, Alexey Kulichenko, Christopher Clark, Ronald Freeman, Peter Kraljic, Martin Angle, Rolf Stomberg.

To decrease the remuneration of Non-Executive Directors by 25% as of 1 July 2009.