Severstal' : Notification of transaction by PDMR’s PCA

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
а)	Name	Melsonda Holdings Limited
2	Reason for the notification
a)	Position/status	A person closely associated with PDMR (Alexey Mordashov, member of the Board of Directors)
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Public Joint Stock Company 'Severstal'
b)	Legal Entity Identifier code	213800OKDPTV6K4ONO53
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Global Depository Receipt (GDR)
	Identification code	US8181503025
b)	Nature of the transaction	Sale of GDRs
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		US$16.27 per GDR	2,946,236
d)	Aggregated information - Aggregated volume - Price	2,946,236 US$47,935,259.72
e)	Date of the transaction	17 April 2019
f)	Place of the transaction	Outside of Trading Venue

For further information please contact:

Investor Relations

Evgeny Belov

T: [phone]

[e-mail]

Public Relations

Anastasia Mishanina

T: [phone]

[e-mail]

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PАО Severstal is one of the world's leading vertically integrated steel and steel related mining companies, with assets in Russia, Latvia and Poland. Severstal is listed on RTS and MICEX and the company's GDRs are traded on the LSE. Severstal reported revenue of $8,580 million and EBITDA of $3,142 million in 2018. Severstal's crude steel production in 2018 reached 12.0 million tonnes. www.severstal.com