Investor Presentaiton

Thousand tonnes 9M 2013 Sales by Division and Group of Product 9M 2013 Sales by Division -0.4% 2,400 2,000 1,600 1,200 2,333 2,325 +8% 800 Thousand tonnes -4% 400 692 746 131 126 0 Russia Americas Europe ■ 9m2012 ■ 9m2013 9M 2013 Sales by Group of Product -4% 2,000 1,600 +9% 1,200 1,876 1,805 800 1,392 1,280 400 0 Seamless Welded ■ 9m2012 ■ 9m2013 Source: TMK data TMK Russian division sales remained almost flat YoY as decrease in seamless pipe sales was mostly offset by higher LD and welded line pipe volumes. American division sales increased YoY due to higher seamless and welded OCTG pipe volumes, though partially offset by lower welded line pipe sales. European division sales declined YoY due to lower seamless pipe volumes. Seamless pipe decreased YoY due to lower volumes in the Russian and European divisions. ■ Welded pipe sales increased YoY due to growth of LDP and welded OCTG pipe volumes. ■ Total OCTG sales increased by 2% YoY supported by higher volumes for the American division offset by weaker sales for the Russian division. 26

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