/C O R R E C T I O N -- Mechel Steel Group OAO/ In the news release, Mechel Announced Its Winning of Auctions to Develop New Coking Coal Mine Areas, issued earlier today by Mechel Steel Group OAO over PR Newswire, we are advised by a representative of the company that the third paragraph, second sentence, should read "a minimum of 0.75 million tons of extraction" rather than "a minimum of 0.75 tons of extraction" as originally issued. PRNewswire -- Dec. 2 DATASOURCE: Mechel Steel Group OAO

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