Severstal North America, Inc. Launches New Website

DEARBORN, Mich., Jan. 29, 2007 -- Severstal North America, Inc. announced today the launch of its new Internet website: http://www.severstalna.com/

The website, developed by Stone Interactive Group of Ann Arbor, Michigan, offers its visitors a wide range of company information, including a Severstal North America corporate profile, customer and supplier access information, steel product specifications, career and media center, a photo gallery and on- line access to secure Company feedback on matters of public interest.

The website is intended to serve as a convenient and user-friendly on-line resource for the Company's customers, suppliers, employment candidates, steel industry professionals and other visitors.

About Severstal North America, Inc.

Severstal North America, Inc. ("SNA") ranks as the fourth largest integrated steel company in the United States with its manufacturing facilities and corporate headquarters located in Dearborn, Michigan. SNA produces high quality flat-rolled carbon steel products - hot rolled, cold rolled, electrogalvanized and hot-dip galvanized - for customers in the automotive industry as well as for customers in the converter, service center and other related markets. SNA is a wholly-owned subsidiary of OAO Severstal, one of Russia's largest steelmakers and one of the top fifteen integrated steel manufacturers in the world.

For more information, visit http://www.severstalna.com/.