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Disposal

26 Sep 2006 07:04

OJSC Novolipetsk Steel26 September 2006 Novolipetsk Steel (NLMK)26 September 2006 Novolipetsk Steel (NLMK) completes the disposal of KMA Ruda Further to the announcement on August 16th, 2006, Novolipetsk Steel (LSE: NLMK),a leading Russian steel producer, has completed the disposal of its stake of92.04% (236,605 ordinary shares) in OJSC "KMA Ruda". As stated previously, thedeal is valued at USD 300 million in cash. The 59.99 % interest in KMA Ruda wassold to OJSC "KOKS" and 32.04 % interest was sold to Lesser Enterprises LimitedCompany for USD 195.5 and 104.5 million respectively. This disposal is in line with NLMK's recently announced sustainable growthstrategy for 2007-2011. One of the key elements of the strategy is unlocking thevalue of non-strategic assets. For further information: NLMKAnton Bazulev +7 495 915 1575 Financial DynamicsJon Simmons +44 207 831 3113 This information is provided by RNS The company news service from the London Stock Exchange
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2nd Jul 20107:00 amRNSNLMK Q1 2010 US GAAP Results
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4th Jun 20101:09 pmRNSAGM Statement
6th May 20108:58 amRNSQ1 2010 financial results (RAS)
30th Apr 20103:55 pmRNSANNUAL REPORT AND ACCOUNTS 2009
16th Apr 201012:58 pmRNSNLMK Dividend Declaration
15th Apr 20107:30 amRNSQ1 2010 Trading Update
8th Apr 201012:45 pmRNSNLMK notice of RAS financial results
6th Apr 20107:00 amRNSFinal Results
31st Mar 20101:53 pmRNSNotice of Results
5th Mar 20107:04 amRNSNLMK to issue 10 year bonds
22nd Jan 201010:20 amRNSQ4 Trading Statement
18th Jan 20101:14 pmRNS2010 Financial Calendar
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7th Dec 200912:00 pmRNS3rd Quarter Results
4th Dec 20091:50 pmRNSClosure of Bond Issue Order Book 2nd Installment
3rd Dec 20092:00 pmRNSNotice of Results (9M 2009 US GAAP)
3rd Nov 20091:21 pmRNSNLMK Q3 2009 RAS financial results
30th Oct 20093:55 pmRNSClosure of Bond Issue Order Book First Installment
16th Oct 20097:00 amRNSNLMK Q3 2009 Trading Update
18th Sep 20097:00 amRNSNLMK to issue bonds
16th Sep 200910:34 amRNSNLMK restarts transformer steel production CORRECT
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28th Aug 20097:00 amRNSNLMK H1 2009 US GAAP Results
21st Aug 200912:30 pmRNSNotice of Results
28th Jul 20097:00 amRNSQ2 2009 RAS Financial Results
16th Jul 20099:00 amRNSQ2 2009 Trading Update
16th Jul 20097:10 amRNSNLMK acquires additional stake in NSMMZ

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