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OAO Severstal (SVST)

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Monday 08 January, 2007

OAO Severstal

Director/PDMR Shareholding

OAO Severstal
08 January 2007


Mira str. 30, RU-162600, Cherepovets, Vologda region, Russia
Phone: +7 (8202) 53 14 18, fax: +7 (8202) 53 12 56,

8 January 2007

For Immediate Release

         Independent non-executive directors bought shares of Severstal

OAO Severstal (LSE: SVST) announces that Mr. Chris Clark, the Non-executive
Chairman of the Board, bought 20,000 GDRs of Severstal at a market price on
January 4th, 2007. Mr. Ron Freeman, the Non-executive Independent Director,
bought 10,000 GDRs of Severstal at a market price on January 5th, 2007.

OAO Severstal have disclosed this information following its corporate policy of
maximum transparency and the best market practices.



Dmitry Druzhinin, Investor Relations
Olga Antonova, Public Relations

+7 495 540 7766

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