MOSCOW, June 26 /PRNewswire/ --

Mechel OAO (NYSE: MTL) announces that it intends to release its results
for the full year period ending December 31, 2006, on Thursday, June 28,
2007. In conjunction with this release, Mechel will host a conference call,
which will be simultaneously broadcast live over the Internet. Igor Zyuzin,
Chief Executive Officer, will host the call.

Listeners can access the conference call live over the Internet through a
link on Mechel's web site at
http://www.mechel.com/investors/fresults/index.wbp at the following times:

Thursday, June 28, 2007
                               6:00 PM Moscow Time
                               3:00 PM London Time
                             10:00 AM New York Time

Please allow 15 minutes prior to the call to visit the site and download
and install any necessary audio software. Additionally, investors can access
a replay of the webcast on our web site for one month.

The dial-in numbers to access the call via phone will be announced
shortly on our web site.

Mechel OAO
    Alexander Tolkach
    Phone: +7-495-221-8888
    e-mail: alexander.tolkach@mechel.com

Mechel is one of the leading Russian mining and metals companies. Mechel
unites producers of coal, iron ore, nickel, steel, rolled products, and
hardware. Mechel products are marketed domestically and internationally.

Some of the information in this press release may contain projections or
other forward-looking statements regarding future events or the future
financial performance of Mechel, as defined in the safe harbor provisions of
the U.S. Private Securities Litigation Reform Act of 1995. We wish to caution
you that these statements are only predictions and that actual events or
results may differ materially. We do not intend to update these statements.
We refer you to the documents Mechel files from time to time with the U.S.
Securities and Exchange Commission, including our Form 20-F. These documents
contain and identify important factors, including those contained in the
section captioned "Risk Factors" and "Cautionary Note Regarding
Forward-Looking Statements" in our Form 20-F, that could cause the actual
results to differ materially from those contained in our projections or
forward-looking statements, including, among others, the achievement of
anticipated levels of profitability, growth, cost and synergy of our recent
acquisitions, the impact of competitive pricing, the ability to obtain
necessary regulatory approvals and licenses, the impact of developments in
the Russian economic, political and legal environment, volatility in stock
markets or in the price of our shares or ADRs, financial risk management and
the impact of general business and global economic conditions.