Mechel Announces Completion of the Interstate Aviation Committee's Audit at Urals Stampings Plant


CHEBARKUL, Russia, September 4 /PRNewswire/ --

Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals
companies, announces that specialists of the Aviation Register of the
Interstate Aviation Committee (AR IAC) recertified Mechel's Urals Stampings
Plant subsidiary for aviation materials production.

As part of the annual auditing process, the specialists reviewed Urals
Stampings Plant's technological processes and tests for manufacturing
materials for aviation purposes and assessed their compliance with AR IAC
requirements. Following the audit results, the specialists concluded that the
plant's quality management system complies with the requirements of GOST R
ISO 9001-2001 standards and the plant's applied technology and their
characteristics comply with the AR IAC requirements. The Urals Stampings
Plant obtained its original certificate from the Interstate Aviation
Committee in 2003.

Urals Stampings Plant manufactures forgings and stampings from titanium
alloys, corrosion-resistant and heat-resistant steel and alloys, and carbon
and alloyed grades of steel for the aerospace industry. The plant produces
approximately 100 various types of products.

The management team at Urals Stampings Plant pays significant attention
to the quality of its products regardless of their purpose and is supported
by a Quality Council. The plant's quality policy is formulated and applied
for improvement of the quality assurance system and support of high standards
of responsibility practiced by each employee, from Managing Director to a
plant worker. Concurrently, the plant's Quality and Certification Department
regularly conducts internal audits of the quality system's functioning and
analyzes its efficiency.

Urals Stampings Plant is certified for compliance with the international
standards, ISO 9002 from 1995 and ISO 9001 from 2003. In 2002, the plant
obtained the license to manufacture products for export in compliance with
the requirements of the Association of American Railroads.

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.

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