On Risk Parameters Change for Severstal Common Shares (CHMF)

For the common shares of Severstal November, 25 2014 is the record date for dividend payments. Due to this National Clearing Center has taken a decision to change the following risk parameters:

For the period from 21.11.2014 till 25.11.2014:

• Minimum level of Initital Margin, Level 1 equals to 29%;
• Minimum level of Initital Margin, Level 2 equals to 37%;
• Minimum level of Initital Margin, Level 3 equals to 46%.

For the period from 21.11.2014 till 27.11.2014:

• Lower REPO Penalty Rate equals to -200% per annum;
• Minimum level of Interest Risk Margin for Level 1, 2, 3 are set as 77%;
• Ratio coefficient (x_IR) between the interest risk assessment range and the REPO rate price band equals to 1,1.

For further information, please contact the Public Relations Department at (495) 363-3232.