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Investor Presentaiton

Appendices > Sustainable Operating Performance Sustainable Operating Performance supported by NLMK's resilience to rising input costs Backwards vertical integration mitigates increasing cost inflation Iron ore Coke Self-sufficient in iron ore (except iron ore pellets) Plan to develop a pelletising plant on Stoilensky GOK with 3 m tpy capacity, which would cover 60% of NLMK's requirements > 100% self-sufficient Scrap Coking coal Own scrap collecting facilities allow substantially cover scrap requirements No integration in coking coal mitigated by the positive correlation between steel prices and coking coal prices and Altai-koks' strategic location near Russia's main coking coal mining area (Kuzbass Region) Potential project to develop the Zhernovskoe-1 coal mine by 2011 with reserves estimated at 240 m t, covering 22% of needs Energy 43% self-sufficient at the Lipetsk site Plan to increase the self-sufficiency to 60% by 2012 29
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