7.8.Information Policy
and Disclosure

As an issuer of securities, PAO TMK is required to disclose information under Russian law, security market regulations and listing rules of the stock exchanges where the Company’s securities are traded. Information is disclosed in Russian and English at:http://www.e-disclosure.ru/portal/company.aspx?id=274www.tmk-group.ruwww.tmk-group.comhttp://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/US87260R2013USUSDIOBE.html

TMK also publishes quarterly IFRS consolidated financial statements (http://ir.tmk-group.com/results-center/financial-results/) and press releases describing its financial, operating and market performance and offering market reviews and forward-looking statements on its corporate website, and organises conference calls with the Company’s senior executives for investors and analysts.

In line with the international best practices, we hold Capital Markets Days where the Company’s top managers present TMK’s results and outlook, with webcasts available on the corporate website. The site’s section for investors features an IR calendar, presentations, reports, financial news and FAQ.

Disclosure and interaction between the Company’s divisions and entities in the process of preparing relevant information for disclosure are governed by the Regulations on the Information Policy (http://www.tmk-group.ru/media_ru/files/51/inf_pol0612.pdf) and other internal regulations drafted on its basis. The Company has dedicated units to monitor the development and implementation of a uniform information policy and control the compliance with insider laws and regulations.