An extraordinary general meeting of Nizhnetagilskiy Metallurgicheskiy Kombinat (Metallurgical Integrated Works of Nizhniy Tagil) plc shareholders on December 16, 2005 was adjourned with a decision to reduce the number of Board members from 11 to 9 and fix these changes in the Board of Directors Provision. The new Board members are: Alexander Abramov, Tatiana Alova, Viktor Akimov, Alexei Kushnarev, Pavel Tatianin, Maxim Rusakov, Valeriy Khoroshkovskiy, Alexander Frolov, Georgiy Lordkipanidse.

The shareholders also decided to announce the dividend of 2.14 RUR per floated registered equity share of the enterprise for nine months of financial year 2005 and to pay this dividend off.

Nizhnetagilskiy Metallurgicheskiy Kombinat plc is a member of Evraz group.