EVRAZ

We expect that our 2008 annual crude steel and steel products output will reach 18.9 million tonnes and 18.7 million tonnes, respectively. It is anticipated that Evraz’s coal companies will produce approximately 15.1 million tonnes of coal, including 10.5 million tonnes of coking coal, in 2008.

The Company will stay focused on improving operating performance and managing costs. US$1,068 million are budgeted for capital investments, including US$545 million for investment projects and US$523 million for maintenance.