TMK ANNUAL REPORT 2011 www.tmk-group.com 3 Key events Letter to Shareholders About the Company TMK Securities Corporate Governance Corporate Citizenship Management Discussion Financial Statements Major Transactions contents TMK PROFILE AND KEY INDICATORS TMK PROFILE AND KEY INDICATORS The Company was founded in 2001 and currently integrates production assets in Russia, the United States, Romania and Kazakhstan. TMK includes the Volzhsky Pipe Plant, Seversky Tube Works, Sinarsky Pipe Plant and Taganrog Metallurgical Works, located in Russia, TMK I PSCO, com- prised of 11 production facilities in the United States, and TMK-Artrom and TMK-Resita in Romania. The Company also includes oil service assets: Orsky Machine-Building Plant, Truboplast, Central Pipe Yard and the Pipe Mainte- nance Department, located in Russia, and TMK-Kaztrub- prom, located in Kazakhstan. The consolidation of production assets and the use of leading scientiﬁc and engineering developments has allowed the Company to create a modern technological complex that manufactures high-tech and competitive products. TMK’s unique production and service capabili- ties allow it to satisfy the demands of a wide range of cus- tomers and offer effective solutions for their operational challenges. TMK is one of the world’s leading producers of steel pipes, Russia’s largest producer and exporter of pipes and a noted player on the North American market. The Company’s shares are traded on the London Stock Exchange, the OTCQX International Premier trading platform in the United States, and on Russia’s major stock exchange — MICEX-RTS. 1. OCTG

1. TMK PROFILE AND KEY INDICATORSreport2011en.tmk-group.com/tmk/annual/2011/gb/English/...TMK is one of the world’s leading producers of steel pipes, Russia’s largest producer

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TMKANNUAL REPORT 2011

www.tmk-group.com

3 Key eventsLetter to Shareholders

About the Company

TMK Securities Corporate Governance

Corporate Citizenship

Management Discussion

Financial Statements

Major Transactions

contents

TMK PROFILE AND KEY INDICATORS

The Company was founded in 2001 and currently integrates production assets in Russia, the United States, Romania and Kazakhstan. TMK includes the Volzhsky Pipe Plant, Seversky Tube Works, Sinarsky Pipe Plant and Taganrog Metallurgical Works, located in Russia, TMK I PSCO, com-prised of 11 production facilities in the United States, and TMK-Artrom and TMK-Resita in Romania. The Company also includes oil service assets: Orsky Machine-Building Plant, Truboplast, Central Pipe Yard and the Pipe Mainte-nance Department, located in Russia, and TMK-Kaztrub-prom, located in Kazakhstan.

The consolidation of production assets and the use of leading scientific and engineering developments has allowed the Company to create a modern technological complex that manufactures high-tech and competitive

products. TMK’s unique production and service capabili-ties allow it to satisfy the demands of a wide range of cus-tomers and offer effective solutions for their operational challenges.

TMK is one of the world’s leading producers of steel pipes, Russia’s largest producer and exporter of pipes and a noted player on the North American market. The Company’s shares are traded on the London Stock Exchange, the OTCQX International Premier trading platform in the United States, and on Russia’s major stock exchange — MICEX-RTS.

OCTG