OMZ to Place Series 6 Bond Issue on June 6

Bonds with RUR1.6 bln total nominal value are to be placed for five years (1,820 days). Par value is RUR 1,000.

Placement is to be held by public subscription on the MICEX exchange. The initial coupon rate will be determined at the auction. Gazprombank OJSC is arranger and underwriter of the bond issue.

Funds raised will be used for optimization of the company’s debt structure, modernization and expansion of OMZ production facilities in line with implementation of OMZ Group’s investment program.

About OMZ

OMZ (Uralmash-Izhora Group) is one of the largest Russian heavy industry enterprises. It specializes in engineering, production, sales and maintenance of equipment and machines for the nuclear industry, oil, gas and petrochemical industry, and mining industry, and also in the production of special steels. OMZ divisions’ facilities are located in Russia (Uralmash and Izhorskiye Zavody) and the Czech Republic (Pilsen Steel and Skoda JS).