OREANDA-NEWS. TMK announces that its shareholders duly approved the resolutions proposed at the Extraordinary General Meeting of Shareholders (EGM), which took place on November 11, 2013, in the form of an absentee voting.

Shareholders voted to approve interim dividends, for the first 6 months of 2013, of RUR 1.04 per share (approximately USD* 0.13 per GDR). A total of RUR 975,089,537.76 (approximately USD* 29.9 mln.) will be paid out as dividend by January 10th 2014.

*As of November 12, 2013, the Russian Central Bank exchange rate stood at 32.6622 RUR/USD.