OMK Finalizes Acquisition of AO VRK-3 Train Car Repair Company Shares

The United Metallurgical Company (AO OMK, Moscow) announces closure of the acquisition of 100% of
the shares of the Train Car Repair Joint-Stock Company-3 from OAO RZD.

OMK is well known in the Russian and international markets for its product and high-quality service to
the energy, transportation, train car engineering, and automotive sectors. Acquiring a major train repair
entity will enable OMK to enter another segment of the transportation market with a customer focus.

"OMK regards the acquisition of VRK-3 as a business development step. But first and foremost, it is a
step towards our customers. OMK has the world's best manufacturing culture in the steelmaking
industry. We are also hoping to be able to use our expertise in this area to have VRK-3, now a part of
OMK, meet the expectations of train car owners in making their rolling stock operate in a reliable
manner", commented OMK Governance Board Chair Natalya Eremina speaking about the closure.

BACKGROUND:

The Railway Car Repair Joint-Stock Company 3 is a major federal maintenance and service chain. It is a
leader in the market for depot-based and capital repairs and maintenance of train cars, rolling stock
revamping and maintenance.

AO VRK-3 has the capacity to repair and maintain over 100,000 cars a year. The company includes 42
individual facilities: 35 repair depots, 5 wheel repair shops, and 2 railway car operators located in 25 of
the Russian Federation's constituent entities and on federal railway routes over 80,000 kilometers long.