Responsibility statement

We confirm to the best of our knowledge that:

  1. the consolidated financial statements prepared in accordance with International Financial Reporting Standards and presented together with this Management Discussion and Analysis of financial condition and results of operation give a true and fair view of the assets, liabilities, financial position and profit or loss of OAO “TMK” and its consolidated subsidiaries, taken as a whole; and
  2. the Management Discussion and Analysis includes a fair review of the development and performance of the business and the position of OAO “TMK” and its consolidated subsidiaries, taken as a whole.

Alexander G. Shiryaev
Chief Executive Officer, OAO “TMK”

Tigran I. Petrosyan
Chief Financial Officer, OAO “TMK”

6 March 2013

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