Award for Best Financial Disclosure to Evraz (9529E)

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RNS Number : 9529E

Evraz Group S.A.

14 April 2011

EVRAZ Receives Awards for Best Financial Disclosure

and Best Progress in Europe

14 April 2011 - Evraz Group S.A. (LSE: EVR) ("EVRAZ") is pleased to announce that it has been named the best European company in the Best Financial Disclosure category in the 2011 IR Global Rankings (IRGR) survey. During the award ceremony in London held earlier today, Evraz has received also an award for the Best Progress in Financial Disclosure.

It is the first time when the top award in the Best Financial Disclosure was presented to a company headquartered in Russia. Second to fifth places in this nomination were awarded to Telekom Austria, EDP Energias de Portugal, BASF and Turkcell.

The analysis conducted by IRGR is based on the quality of the information provided on each participant's latest financial material, mainly financial reports, earnings releases and interim reports, within the following categories: Operating Information, Income Statement, Balance Sheet, Cash Flow, Guidance, Conference Calls & Presentations, and Exemplary Disclosure. Once the technical evaluation has been completed, an independent technical committee oversees and reviews IRGR's findings and final rankings to ensure the independence of such analysis.

"We are very pleased with the recognition of our efforts to increase transparency, and we remain committed to continuous improvement of our financial disclosure and investor relations standards", commented Giacomo Baizini, Vice President Corporate Affairs and CFO of EVRAZ. "We are proud that we have been recognised the best among European companies, well known for best practices in financial disclosure and investor relations."

For more information please see http://www.irglobalrankings.com

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For further information:

Media contact: Oleg Kuzmin VP, Corporate Communications [phone] [e-mail]

Investor contact: Alexander Boreyko Director, Investor Relations [phone]

[e-mail]

The IR Global Rankings ("IRGR") is the most comprehensive ranking system for investor relations websites, online annual report, corporate governance practices and financial disclosure procedures. The ranking is based on extensive technical proprietary research of publicly traded companies through a clear and transparent methodology and is supported by key global institutions such as Arnold & Porter; KPMG; MZ and Sodali.

Evraz Group S.A. (EVRAZ) is a vertically-integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, USA, Canada, Czech Republic, Italy and South Africa. The Company was ranked the 14(th) largest steel producer in the world based on crude steel production of 15.3 million tonnes in 2009. In 2010, the Company produced 16.3 million tonnes of crude steel and sold 15.5 million tonnes of steel rolled products. EVRAZ's internal consumption of iron ore and coking coal is covered by its mining operations. EVRAZ's consolidated revenues for the year ended 31 December 2010 were US$13,394 million and consolidated adjusted EBITDA amounted to US$2,350 million.

This information is provided by RNS

The company news service from the London Stock Exchange

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