11

Intention to Cancel Listing of the GDRs

Date of publication: 16.12.2011

                                                          16 December 2011 
                                              Evraz Group S.A. (the “Company”)  
                      Global Depositary Receipts (ISIN: US30050A2024)
 (the “GDRs”)  

Pursuant to Listing Rule 5.2.8, and following the announcement by the Company on 11 November 2011 that it had served notice on The Bank of New York (the depositary) to terminate the deposit agreement in respect of the GDRs (the “Deposit Agreement”) and that it intends to terminate the GDR program and delist the GDRs concurrently with termination of the Deposit Agreement, the Company announces that it has applied for the cancellation of the listing of the GDRs on the Official List, which will result in the cancellation of trading of the GDRs on the London Stock Exchange, to take effect on 8 February 2012.


For further information:
Investor Relations:
Alexander Boreyko
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com

Media Relations:
Oleg Kuzmin
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com



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