Board of Directors of Uralmetallurgmontazh-2 JSC came up with the decision to hold the annual stockholders meeting on April 25, 2006. The list of stockholders eligible for the meeting is composed according to the situation as of March 25, 2006.

The meeting agenda contains confirmation of annual report and accounting statements including P&L account for 2005. The meeting will also consider the question of distribution of profits and losses according to the results of the fiscal year and the announcement of dividend rates.

The shareholders will also elect members of Returning and Supervision Boards, the examiner and the auditor of the company.