Annual report 2007 - Magnitogorsk Iron & Steel Works ...

• supply period – until next Annual General Shareholders’ Meeting;
• settlement procedure — within 60 days from the date of supply.
The beneficiaries under the transaction are OJSC MMK and «MMK Trading АG», Zug, Switzerland.
Contract # Е150810 on the following terms:
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ANNUAL REPORT OPEN JOINT-STOCK COMPANY MAGNITOGORSK IRON & STEEL WORKS
SEASON 2007
subject – supply of steel products;
quantity of steel products — 180 000 tons;
price — not less than the approved minimum reference price according to “Provisions on Approval and
Establishment of Reference and Contract Prices for Sales of Steel Products in the International Market”;
supply period – until next Annual General Shareholders’ Meeting;
settlement procedure — within 60 days from the date of supply.
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The beneficiaries under the transaction are OJSC MMK and «MMK Trading АG», Zug, Switzerland.
Contract # Е150811 on the following terms:
• subject – supply of steel products;
• quantity of steel products — 240 000 tons;
• price — not less than the approved minimum reference price according to “Provisions on Approval and
Establishment of Reference and Contract Prices for Sales of Steel Products in the International Market”;
• supply period – until next Annual General Shareholders’ Meeting;
• settlement procedure — within 60 days from the date of supply.
The beneficiaries under the transaction are OJSC MMK and «MMK Trading АG», Zug, Switzerland.
Contract # Е150812 on the following terms:
• subject – supply of steel products;
• quantity of steel products — 240 000 tons;
• price — not less than the approved minimum reference price according to “Provisions on Approval and
Establishment of Reference and Contract Prices for Sales of Steel Products in the International Market”;
• supply period – until next Annual General Shareholders’ Meeting;
• settlement procedure — within 60 days from the date of supply.
The beneficiaries under the transaction are OJSC MMK and «MMK Trading АG», Zug, Switzerland.
Contract # Е150813 on the following terms:
• subject – supply of steel products;
• quantity of steel products — 120 000 tons;
• price — not less than the approved minimum reference price according to “Provisions on Approval and
Establishment of Reference and Contract Prices for Sales of Steel Products in the International Market”;
• supply period – until next Annual General Shareholders’ Meeting;
• settlement procedure — within 60 days from the date of supply.
The beneficiaries under the transaction are OJSC MMK and «MMK Trading АG», Zug, Switzerland.
The following persons are recognized as interested or related parties with respect to the company’s transaction: Rashnikov V.F.,
Senichev G.S., Takhautdinov R.S., Morozov A.A.
The Body which approved the transaction is the Board of Directors of OJSC MMK.
197) Underwriting Agreement regulated by the English law, in respect of which parties or beneficiaries are OJSC MMK
(hereinafter “Issuer”), Mintha Holding Limited (hereinafter «Selling Shareholder»), ABN AMRO Rothschild, Morgan stanley & Co.
International Limited and Renaissance Sесuгitiеs (Cyprus) Limited, Joint-Stock Bank of the Gas Industry Gazprombank (ZAO)
and/or their affiliates as well as any other persons, which might be specified in the Underwriting Agreement or annexes thereto
as underwriters (hereinafter jointly referred to as “Underwriters”), and also persons which will be subject to the provisions of
Indemnity and Contribution (hereinafter «Underwriting Agreement»), under the following terms:
Underwriters acquire or procure acquisition of, from the Issuer pursuant to the provisions of the Underwriting
Agreement, ordinary registered shares of the Issuer in the amount to be specified in the Underwriting Agreement but not
more than 1 450 000 000 (one billion four hundred fifty million) shares, each with a nominal value of 1 rouble per share,
to be placed pursuant to the decision of the Board of directors of the Issuer on the increase of the Issuer’s stock capital by
means of placement of additional ordinary registered shares of the Issuer of 15.12.2006 at the Placement Price to be specified
in accordance with the procedure set forth by the decision on additional issue of ordinary shares of the Issuer (hereinafter
“Offering”) provided all or part of, ordinary registered shares of the Issuer may be transferred to the Depositary - the Bank
of New York for issuance of depositary receipts — securities of a foreign issuer certifying the rights in respect of ordinary
registered shares of the Issuer to be transferred to the Underwriters or persons indicated by the Underwriters.
In accordance with the Underwriting Agreement the Issuer (!) provides certain Representations and Warranties
in favour of the Underwriters, provided such Representations and Warranties which will be specified in the Underwriting
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