Statement re Equity Stake in Raspadskaya (8261C)

TIDMEVR

RNS Number : 8261C

Evraz Group S.A.

11 March 2011

Statement Regarding Equity Stake in Raspadskaya

11 March 2011 - Evraz Group S.A. (LSE: EVR) ("Evraz") notes media speculation regarding the potential disposal of Evraz's 40% indirect equity stake in the Russian coking coal producer OAO Raspadskaya (RTS, MICEX: RASP).

Evraz confirms that it is considering options with respect to this stake, and will refrain from further comments unless a binding course of action is defined.

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For further information:

Media contact: [phone] [e-mail]

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

[e-mail]

Evraz Group S.A. is a vertically-integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, Europe, USA, Canada 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. Evraz's internal consumption of iron ore and coking coal is covered by its mining operations. Evraz's consolidated revenues for the nine months ended 30 September 2010 were US$9,729 million and consolidated adjusted EBITDA amounted to US$1,766 million.

This information is provided by RNS

The company news service from the London Stock Exchange

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