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Evraz completes acquisition of 73% stake in Strategic Minerals Corporation

Date of publication: 24.08.2006

August 24, 2006 — Following the receipt of the necessary approvals by the Commission of the European Communities and the South African anti-monopoly authorities, Evraz Group S. A. (LSE: EVR) announces the completion of the acquisition of approximately 73 percent of Strategic Minerals Corporation, for about US$110 million.

Strategic Minerals Corporation, headquartered in Danbury, Connecticut, USA, is one of the world’s leading producers of vanadium alloys and chemicals for the steel, chemical, and titanium industries.

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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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