Evraz Group releases 1Q 2007 operational results

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Evraz Group releases 1Q 2007 operational results

April 13, 2007 – Evraz Group S.A. (LSE: EVR) today released its 1Q 2007 operational results.*

Product, thousand tonnes, unless otherwise stated1Q 20071Q 20061Q 2007 / 1Q 2006 change, %**4Q 20061Q 2007 / 4Q 2006 change, %**
Steel division
Pig iron3,2933,071+7.2%3,085+6.7%
Rolled products (1)3,8923,405+14.3%3,610+7.8%
Mining division
Iron ore
(saleable products)
Coal (mined)
Coking coal142206(31.1)%163(13.1)%
Steam coal5812+383.7%4336.2%
Vanadium products, tonnes (2) 1,697n/a1,507+12.6%
Equity investments (3)
Coking coal (Raspadskaya)3,2731,594+105.3%2,950+10.9%
Coking and steam coal (Yuzhkuzbassugol)3,5573,514+1.2%4,576(22.3)%

* All information on production volumes of the enterprises presented in the press release concerns only the period of their operation within Evraz Group. The total volume of rolled steel products excludes those re-rolled at other Group's plants. These volumes are eliminated as intercompany sales for purposes of Evraz's consolidated operating results.

** Percentage changes may not be exact due to rounding.

(1) Operational results of Evraz Oregon Steel Mills are consolidated into the Group since 12 January 2007.

(2) Calculated in pure vanadium equivalent. Include operational results of Strategic Minerals Corporation consolidated into the Group since September 2006.

(3) Evraz Group holds 40% beneficial interest in OAO Raspadskaya and 50% interest in Yuzhkuzbassugol.

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For further information:

Evraz Group
Corporate Affairs and Investor Relations
Irina Kibina
Tel: +7 495 232 1370