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November 6
Dneprospetsstal - Operating Results for October 2008

The Company's steel output for the period January 1, 2008 through the month ended October 31, 2008 was 444,197 tons (a 3% decrease as compared to the same period of the prior year).

Rolled steel output for the period January 1, 2008 through the month ended October 31, 2008 was 290,474 tons (a 0.7% decrease as compared to the same period of the prior year).

The Company's total commodity output for the period January 1, 2008 through the month ended October 31, 2008 was UAH 3.365 billion (a 6.2% increase as compared to the same period of the prior year).

The Company's total commodity output for the month ended October 31, 2008 was UAH 311.27 million - 90.5% as compared to the month ended September 30, 2008.

Total rolled steel shipped from the Company's shops for the month ended October 31, 2008 was 24,505 tons (a 12.2% decrease as compared to the prior month).

Steel output for the month ended October 31, 2008 was 28,763 tons (a 35% decrease as compared to the month ended September 30, 2008).

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