NLMK’s annual report for 2007 was named as the Best Annual Report at the Fifth Annual Conference hosted by Expert RA, independent national rating agency.

Also, Novolipetsk Steel has won the XI Annual Federal Contest of Annual Reports and Websites hosted by the Securities Market Journal, the RF Ministry for Economic Development and MICEX. The Company came first in the principal nomination of the "Best level of information disclosure in the issuer's annual report" contest.

NLMK is striving to comply with global information disclosure best practices, investment attractiveness and compliance with international reporting standards. This recognition of NLMK's annual report proves the Company's efficient approach in its interaction with shareholders and investors.