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Alex Polevoy Appointed Chief Financial Officer

Mr Polevoy will coordinate the groups financial activity; develop the standards for financial reporting and corporate governance; and control the corporate financial strategy of the company.

Alex Polevoy was born on December 9, 1970 in Saint-Petersburg.

Graduated from Northern Alberta Institute of Technology (Canada) with a degree in Finance and Accounting.

Mr. Polevoy is a member of the Institute of Internal Auditors, the international professional association headquartered in the United States.

2006-2008, Chief Financial Officer at Integra Group.

Since 2006, member of the BoD of Mechel Group.

2005-2006, Chief Financial Officer with Mechel Group.

Prior to his work with Mechel, Alex Polevoy worked for TNK and subsequently TNK-BP in various positions from 2001 till 2005, including Head of the Financial Monitoring and Control Group for the TNK Board of Directors with responsibility for performance improvements and financial control, and later Head of Corporate Audit of TNK-BP.

1999 2001, Chief Financial Officer for Upstream Operations of Yukos Oil Company

1996 1999, Vice President for Finance and Administration for International Energy Services, the leading seismic provider in Kazakhstan. 1993 −1996, held executive positions in Canada with ZCL Composites, Central Asia Goldfields.