Evraz Group releases Y2006 operational results

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Evraz Group releases Y2006 operational results

January 15, 2007 - Evraz Group S.A. (LSE: EVR) today released its 4Q 2006 and FY 2006 operational results.*

Product, thousand tonnes4Q 20064Q 20054Q 2006 / 4Q 2005 change, %**200620052006/2005 change, %**
Steel division
Pig iron3,0852,955+4.4%12,75411,453+11.4%
Rolled products (1)3,6103,218+12.2%14,45712,086+19.6%
Mining division
Iron ore
(saleable products)
Coal (mined) (2)
Coking coal163190(14.3)%743538+38.1%
Steam coal4313+239.6%9950+96.9%
Equity investments (3)
Coking coal (Raspadskaya)2,9501,648+79.0%9,1606,395+43.2%
Coking and steam coal (Yuzhkuzbassugol)4,576n/an/a16,137n/an/a

* All information on production volumes of the enterprises presented in the press release concerns only the period of their operation within Evraz Group. 4Q 2005 trading results are set forth by the same methodology as 4Q 2006 results. 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 Palini e Bertoli are consolidated into the Group since September 2005 and of Vitkovice Steel since December 2005.

(2) Mine 12 operational results are consolidated into the Group since April 2005.

(3) Evraz Group holds 40% beneficial interest in OAO Raspadskaya and 50% interest in Yuzhkuzbassugol. Operational results of Yuzhkuzbassugol are consolidated into the Group since December 31, 2005, while operational results of OAO Raspadskaya are consolidated into the Group since March, 2004, and include production by MUK-96 and Razrez Raspadsky since their acquisition in May 31, 2006.

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For further information:

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