NLMK Director General retires

Vladimir Nastich, NLMK’s Senior Vice-President – General Director has announced that he is to retire on October 11th, 2010.

The Board of NLMK would like to express its appreciation for Mr Nastich’s many years of hard work for the benefit of the Company, his valuable contribution towards enhancing NLMK’s technical capabilities and his promotion of its strategic development plans.

Vladimir Lisin, Chairman of the Board of Directors, said: “Mr Nastich has actively participated in the development of the Company throughout various stages in its history, seeing it through both peak and difficult periods. It is hard to overestimate the contribution he has made towards our current stability and high levels of performance. On behalf of all the staff and management, I would like to sincerely thank Mr Nastich for his work and wish him well in his retirement.”

The position of NLMK’s Senior Vice-President – General Director will remain vacant until the new appointment.