Statement re Nikopol

RNS Number:5004Q
Evraz Group S.A.
25 August 2005



25.08.2005
Moscow

                  
                  Statement regarding Nikopol Ferroalloy Plant

Moscow, August 25, 2005 - Evraz Group S.A. (LSE: EVR), one of the leading
vertically integrated steel production and mining businesses with operations
mainly in Russia, would like to re-confirm its previously disclosed position and
clarify the issue regarding Nikopol Ferroalloy Plant (NFP):

Any action including investigation of an opportunity to acquire a stake in NFP
in the Ukraine is being made by a group of investors that includes Mr. Abramov,
Evraz Group S.A.'s Chairman and CEO, in their personal capacities only, and not
by Evraz Group S.A.

                                      Ends
For further information:

Evraz Group
Corporate Affairs and Communications
Irina Kibina
Tel: [phone]
[e-mail]

Merlin
Michael Rummel
Lachlan Johnston
Tel: [phone]
[e-mail]


Notes to Editors

Evraz Group S.A.
Evraz Group is one of the largest vertically-integrated steel and mining
businesses with operations mainly in the Russia. In 2004, Evraz produced 13.7
million tonnes of crude steel.

Evraz Group is a listed company on the London Stock Exchange (LSE). The company
listed its global depositary receipts (GDRs) on the LSE on June 2, this year,
after raising $422 million from new investors. 

Evraz's principal assets include three of the leading steel plants in Russia:
Nizhny Tagil (NTMK) in the Urals region, and West Siberian (Zapsib) and
Novokuznetsk (NKMK) in Siberia.

Evraz Group's fast-growing mining businesses comprise the Kachkanarsky (KGOK),
Evrazruda (acquired in March 2005) and Vysokogorsky (VGOK) iron ore mining
complexes and NeryungriUgol Coal Company and an equity interest in the
Raspadskaya coal mine. The mining assets primarily supply Evraz Group's
steelmaking operations, enabling the company to be a vertically-integrated steel
producer, limiting its exposure to fluctuations in the prices of key raw
materials. Evraz obtained over 70% of its iron ore requirements from KGOK, Evraz
Ruda and VGOK in 2004 and also obtains the majority of its coking coal from
Raspadskaya and other affiliated producers.

Evraz also owns and operates the Nakhodka commercial sea port, in the Far East
of Russia, which facilitates access to Asian export markets.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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