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Pipe Output Up 9.3% in 7M06.

Pipe Output Up 9.3% in 7M06.

8 August 2008

Dnipropetrovsk Pipe (DTRZ: BUY) and Novomoskovsk Pipe (NVTR: BUY) exhibited the highest output growth in Apr-Jul 2006 and consequently, in Jan-Jul 2006, while Khartsyzk Tube (HRTR: SELL) cut its production in both periods.

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Company         Jan-Jul 06      Chg yoy   Apr-Jul 06      Chg yoy   Jan-Mar 06      Chg yoy

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NITR: BUY            335.1         6.0%        203.1         9.5%        132.0         1.0%

DTRZ: BUY            142.4        20.9%         83.6        25.3%         58.8        15.1%

NVTR: BUY            128.4        19.6%         79.0        18.7%         49.4        21.0%

HRTR: SELL           311.5        -5.6%        199.6       -10.5%        111.9         4.7%

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Ukraine Total      1,459.2         9.3%        907.5        10.7%        551.8         7.2%

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