Metallurgical Works of Asha announces acquisition of controlling interest in Karamet Ltd

Ashinsky Metallurgichesky Zavod JSC (Metallurgical Works of Asha) announced its acquisition of 51% interest in Karamet Ltd (Kazan, Tatarstan).

The date of change of interest of Ashinsky Metallurgichesky Zavod JSC in the authorized capital of Karamet is March 28, 2006.