Mechel Announces The Appointment Of A New General Director Of Chelyabinsk Metallurgical Plant

Mechel Announces The Appointment Of A New General Director Of
Chelyabinsk Metallurgical Plant 


CHELYABINSK, Russia, June 30  /PRNewswire-FirstCall/ -- The Board of Directors
of Chelyabinsk Metallurgical Plant, a subsidiary of Mechel, appointed Sergey
Malyshev, who has more than 20 years of experience in the field of economics
and finance, to the position of General Director.

"The appointment of Sergey Malyshev, a highly qualified specialist, to the
position of General Director of Chelyabinsk Metallurgical Plant is aimed at
strengthening the economic performance of the enterprise. I am confident that
Mr. Malyshev's considerable experience, which he gained during many years of
successful work at Southern Kuzbass Coal Company, coupled with his deep
knowledge and understanding of the operation principles of Mechel, will have a
positive impact on the business of Chelyabinsk Metallurgical Plant," Mechel's
CEO, Vladimir Iorich, said.

  Biographic Data:

  Sergey Y. Malyshev

  November 1997 - June 2005      - Deputy General Director for Economics and
                                   Finance, Southern Kuzbass Coal Company
                                   OAO.

  October 1996 - September 1997  - Director for Economics and Finance,
                                   Rusoprom Interregional Joint Stock
                                   Company.

  June 1993 - October 1996       - Director for Economics, Southern Kuzbass
                                   Coal Company.

  September 1984 - June 1993     - Executive positions, including Chief
                                   Economist position, at Tomusinsk Motor-
                                   Transport Depot OAO, a subsidiary of
                                   Southern Kuzbass Coal Company.

  Education: Kuzbass Polytechnic Institute.



Mechel is one of the leading Russian metals and mining companies.  Mechel
unites producers of steel, rolled products, hardware, coal, iron ore
concentrate, and nickel. Mechel products are marketed domestically and
internationally.

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. 

DATASOURCE: Mechel



CONTACT:  Irina Ostryakova of Mechel OAO, [phone],

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