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EVRAZ Borrows US$404 Million from Nordea Bank for Four Years

Date of publication: 27.07.2010

27 July 2010 - EVRAZ Group (LSE: EVR) ("Evraz") announces that its subsidiaries have drawn down on the loan facilities from Nordea Bank totalling US$404 million which are due to mature in June 2014.

The proceeds have been used to repay Nordea Bank’s loans in the amount of US$357 million that were due in the fourth quarter of 2010, as well as certain other short-term debt.

This transaction is in line with EVRAZ's policy of substituting the short-term debt with longer-term maturities.

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For further information:

Media contact:
Evraz Press Office
+7 495 937 6871
media@evraz.com

Investor contact:
Alexander Boreyko
Director, Investor Relations
+7 495 232 1370
ir@evraz.com



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