OJSC Novolipetsk Steel announced that Galina Aglyamova has decided to step down as NLMK Group Vice President of Finance starting from December 28, 2012, to take on a new career challenge; she will be succeeded in this position by Grigory Fedorishin, formerly Director of Strategy and Business Development of the company. Ms. Aglyamova was appointed NLMK Group Vice President of Finance in 2006. Prior to that she served as NLMK's Deputy General Director of Economics and Finance.

Grigory Fedorishin, formerly Director of Strategy and Business Development and Member of the Management Board, will take over as NLMK Group Vice President of Finance.