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OAO TMK (TMKS)

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Thursday 21 June, 2007

OAO TMK

Clarification Statement

OAO TMK
21 June 2007



June 21, 2007                                                 PRESS RELEASE

                       OAO 'TMK' Clarification Statement

A certain business publication has recently reported and circulated information
about TMK and its Chairman, Dmitriy Pumpyanskiy in relation with investing in
the Northern Caucasus and developing a ski resort.

OAO 'TMK' issues this statement in response to the above-mentioned information.
OAO 'TMK' is neither investing in nor developing a ski resort in the Northern
Caucasus. The development of a ski resort in the region is a project of other
businesses owned by Mr Pumpyanskiy.

OAO 'TMK's development strategy remains unchanged and the company continues to
invest in its seamless and welded pipe production plants in both Russia and
Romania.

OAO 'TMK' carefully reviews general and specialized press in order to avoid any
libel statements.


OAO 'TMK'

Founded in 2001, TMK (LSE: TMKS) is the largest pipe producer in Russia and one
of the three global market leaders.

In 2006, TMK sold approximately 3 million tonnes of pipes. TMK supplies to
companies in more than 60 countries.

TMK production facilities are located in Russia and Romania:

   • Volzhsky Pipe Plant;
   • Seversky Tube Works;
   • Taganrog Metallurgical Works;
   • Sinarsky Pipe Plant;
   • Orsky Machine Building Plant;
   • SC TMK-ARTROM SA;
   • SC TMK-Resita SA.


                                         For further information please contact:


                                                              TMK PR Department:
                                                                     Sergey Ilin
                                                  Tel: +7 495 775 7600 ext. 2149
                                                         Email: pr@tmk-group.com
                                                     Or visit: www.tmk-group.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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