OREANDA-NEWS. On May 29, 2007 the Open Joint Stock Company Magnitogorsk Iron and Steel Works ("OJSC MMK") announced reorganization of Closed Joint Stock Company RFZ ("CJSC RFZ") with the registered address at: Ul.Zaveniaghina 9, Magnitogorsk, 455049, Chelyabinsk Region, Russian Federation, in the form of a merger of "CJSC RFZ"  into "OJSC MMK", reported the press-centre of  OJSC MMK.

The authorized capital of OJSC MMK, and the quantity and par value of its shares have not been affected by the above reorganization.