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Further statement re sale of significant interest in the Company

Date of publication: 10.08.2006

August 9, 2006 — Evraz Group S.A. (LSE: EVR) makes reference to its recent announcement dated June 19, 2006 regarding the sale of a substantial indirect interest in Evraz Group S.A. by its principal beneficial owners. The Company has been informed that, having received the necessary regulatory approvals, the sale was completed and this transaction was closed on August 9, 2006.

As a result of the above and with the reference to the announcement dated July 25, 2006, the Company announces that the conditions precedent to the effectiveness of the resolutions taken at the extraordinary general meeting of the shareholders of Evraz Group S.A. held on July 24, 2006 have been satisfied on August 9, 2006 and all such resolutions are in full force and effect as from such date so that the articles of incorporation are amended and the Board of Directors of Evraz Group S.A. is recomposed as set forth in such resolutions with effect from August 9, 2006.

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For further information:

Evraz Group
Corporate Affairs and Investor Relations
Irina Kibina

Tel: +7 (495) 232-13-70
IR@evraz.com


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