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Evraz's Board approves acquisition of 50% interest in Yuzhkuzbassugol

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Evraz's Board approves acquisition of 50% interest in Yuzhkuzbassugol

May 28, 2007 - Evraz Group S.A. (LSE: EVR) announces that further to its
announcement of May 25 the Board of Directors has reviewed and approved the
proposed acquisition of a 50% interest in Yuzhkuzbassugol from existing
shareholders.

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For further information:

Evraz Group
Corporate Affairs and Investor Relations
Irina Kibina
Tel: +7 495 232 1370
IR@evraz.com