Pipe Metallurgical Company (TMK), one of the world's

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Pipe Metallurgical Company (TMK), one of the world's Powered By Docstoc
					Moscow, July 13, 2009                                                         Press Release

TMK Shares Admitted to Trading on the MICEX A1
TMK, one of the world's largest manufacturers of tubular products for the oil and gas industry, announces
the admission of its shares to trading on the Moscow Interbank Currency Exchange (MICEX) quotation
list A1. The shares were admitted on July 8, 2009.

The listing of the shares as A1 securities significantly expands the Company's potential investor base by
making them more accessible, including to public and private pension funds and insurance companies.

TMK shares have been traded on the London Stock Exchange (LSE: TMKS) and on the Russian Trading
System (RTS: TRMKG) since November 2006 and were admitted to trading on the MICEX (MICEX:
TRMK) in April 2007.

“Getting TMK shares on the highest quotation list of the leading Russian stock market reflects our high
corporate governance standards. The inclusion of our shares on the MICEX A1 will enable us to expand
our investor base and increase share liquidity», said TMK CEO Alexander Shiryaev.

TMK (LSE: TMKS) is the largest pipe producer in Russia and one of the three global market leaders.
www.tmk-group.com

In 2008, TMK shipped over 3.2 million tonnes of pipes, supplying companies in more than 60 countries.

TMK production facilities are located in Russia, the United States, Romania and Kazakhstan

•       Volzhsky Pipe Plant
•       Seversky Tube Works
•       Taganrog Metallurgical Works
•       Sinarsky Pipe Plant
•       TMK IPSCO
•       TMK Europe
•       TMK-Kaztrubprom
•       TMK Oilfield Services
•       TMK-Premium Service

For further information please contact:

TMK IR Department
Alexei Ratnikov
Tel: +7 495 775 7600 ext. 2078
Email: IR@tmk-group.com

TMK PR Department
Alexey Sotskov
Tel: +7 495 775 7600 ext. 2125
Email: PR@tmk-group.com