11

Statement Regarding Equity Stake in Raspadskaya

Date of publication: 11.03.2011

11 March 2011 – EVRAZ Group S.A. (LSE:EVR) ("EVRAZ") notes media speculation regarding the potential disposal of EVRAZ's 40% indirect equity stake in the Russian coking coal producer OAO Raspadskaya (RTS, MICEX: RASP).

EVRAZ confirms that it is considering options with respect to this stake, and will refrain from further comments unless a binding course of action is defined.

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Media contact:
+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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