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05.08.2005

OJSC TMK Prospectus registered for Russian listing

OJSC TMK announces today that the FFMS has registered the Prospectus submitted by the company. After becoming an Open Joint Stock Company, the registration of the Prospectus is the next step towards openness and transparency for TMK.

TMK, the largest pipe company in Russia, is currently preparing its strategy for the period until 2010. Becoming a listed company is among further actions under consideration as a means of creating new financing possibilities. TMK is in the process of fulfilling all the regulatory requirements of FFMS.

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