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Raspadskaya Coal Company announces production results for h1 2006


MOSCOW, 10 JULY 2006 – OAO Raspadskaya Coal Company, uniting a group of enterprises situated in the Kemerovo region of the Russian Federation, has released the results of its coal businesses for H1 2006. During the first 6 months of 2006 coal output at all enterprises of OAO Raspadskaya Coal Company totaled 5,135 thousand tons, representing an increase of 5.6% y-o-y. Directly, Raspadskaya coalmine extracted 4,501 thousand tons of coal, including 1,056 thousand tons from its deep mining complex (ZAO Razrez Raspadsky). Output at OAO MUK-96 exceeded 633 thousand tons.

The Raspadskaya enrichment plant processed 3,433 thousand tons of raw coal, creating 2,817 thousand tons of coal concentrate in the first half of 2006. “In developing the production programme, we efficiently organized the operation of all of our coal mines in such a way as to avoid reinstallations and movement from coal bed to coal bed,” said Gennady Kozovoi, General Director of ZAO Raspadskaya Coal Company, which is an asset management company for OAO «Raspadskaya». “The launch of our own plant in the summer of 2005 made it possible to control the quality of the end product, and to set up the enrichment process in the direct vicinity of the extraction enterprises, and thus cutting back on transport expenses,” Mr. Kozovoi added. In H1 2006 excavation teams of the group created 20,066 meters of shafts, representing an increase of 5.8% over the same period in 2005. This growth was a result of the successful work of OAO Raspadskaya and OOO Raspadskaya Joy. “The impressive results achieved by our excavation teams made it possible to assimilate new extraction technologies using combine loading conveyors,” noted Mr. Kozovoi. Cargo turnover of the loading and transportation enterprise OAO TPTU in the first half of 2006 amounted to 80,373 thousand tons/km. OOO Montazhnik Raspadskoy, an enterprise that supplies the Company with metal mesh lagging for mining work, manufactured 222,399 sqm of this material.

About the Company
OAO Raspadskaya Coal Company incorporates a group of facilities in the Kemerovo regional coal production complex– Raspadskaya underground coalmine, ZAO Raspadskaya Coke, OAO MUK-96, ZAO Razrez Raspadsky, – as well as an enrichment plant and enterprises related to transport and production infrastructure. The Company is one of the largest players on the Russian coking coal market. Coal products of Raspadskaya Coal Company are distributed to numerous metallurgical and coke-chemical plants in Russia and abroad.

For more information contact:
ZAO «Raspadskaya Coal Company»
(38475) 4 65 30 Galina Kovalchuk
(495) 147 15 16 Alexander Andreev

The PBN Company
(495) 775 00 77 Artem Dovlatov

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