http://www.omz.ru/eng/investors/bonds/index.wbp

Bonds

In order to finance its working capital needs as well as its investment program OMZ (Uralmash Izhora Group) has completed six domestic bond offerings.

On 6 June 2008 OMZ issued 1.6 billion rubles worth of bonds on Russia’s MICEX. The bonds have a five year term and pay semiannual coupons. The rate of the initial coupon was determined at an auction at 10.25% (rate on coupons #2-3 equal coupon #1 rate of 10.25%). Rates for coupons #4-7 were set at 13%. Rates for coupons 8-10 will be determined by the issuer. OJSC “Gazprombank” was the arranger and underwriter of the bond issue. Additional security in the form of an irrevocable offer was provided by CJSC “OMZ Spezstal”, a daughter company of OMZ.

Funds raised through the bond issue will be used to restructure the existing credit portfolio and upgrade production facilities at certain OMZ Group companies, as part of the investment program approved by the Board of Directors.

	Size of bond issue/currency	Status	Date of bond issue	Maturity date
Bond series 6	1 600 000 000 / rubles	in circulation	6 June2008	31 May 2013
Bond series 5	1 500 000 000 / rubles	in circulation	5 September 2006	30 August 2011
Bond series 4	900 000 000 / rubles	retired	6 March 2003	26 February 2009
Bond series 3	390 000 000 / rubles	retired	4 October 2001	22 March 2004
Bond series 2	390 000 000 / rubles	retired	6 September 2001	23 February 2004
Bond series 1	280 000 000 / rubles	retired	12 April 2001	2 April 2003

Data on OMZ bond trading as of 27 2012 January

	Current market price, % of par	Change from yesterday 's last price,%	Lowest price	Highest price	Price of first trade	Yesterday 's last price	Trading volume
OMZ-6	100.0	0.00	100.00	100.00	100.00	100.00	0

Source: MICEX