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Mechel Reports Completion of First Stage of Reconstruction of Oxygen Converter Shop in Chelyabinsk Metallurgical Plant

Chelyabinsk, Russia – August 23, 2011 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the launch of the new converter # 2 in Chelyabinsk Metallurgical Plant’s oxygen-converter shop.

Mechel Reports 1H 2011 Operational Results

Moscow, Russia – August 10, 2011 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces 1H 2011 operational results.

Mechel Announces JORC Summary of Ore Reserves and Resources

Moscow, Russia – August 8, 2011 - Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces a JORC summary of its ore reserves and mineral resources as of May 1, 2011.

Mechel Announces Financial Lease Contract for Mainline Diesel Locomotives

Moscow, Russia – August 5, 2011 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the signing of a three-party contract between Mecheltrans Vostok OOO, Sinara-Transport Machines OAO, and VTB Leasing OAO for development, production and delivery of TEM-8 type locomotives.

Mechel Announces Appointment of Mechel-Energo OOO Chief Executive Officer

Moscow, Russia – August 4, 2011 - Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the appointment of Anatoly Merzlyakov as the new Chief Executive Officer of Mechel-Energo OOO. Mr. Merzlyakov replaces Sergei Zorin, who was acting chief executive officer.

Mechel Announces Payment of Dividends Based on 2010 Fiscal Year Results

Moscow, Russia – August 3, 2011 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces a dividend payment (including taxes) of 7,270,817,107.14 rubles (approximately 261.39 million US dollars*), based on the Company’s results for the 2010 fiscal year.

Mechel Announces Decisions Made by Mechel Mining OAO Board of Directors

Moscow, Russia – July 1, 2011 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the decisions made by Mechel Mining OAO’s Board of Directors.

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