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Evraz Secures VTB Financing

November 13, 2008 – Evraz Group S.A.(LSE: EVR) (“Evraz”) today announced that Russian bank VTB has granted Evraz a one-year 10 billion rouble (approximately US$360 million) credit facility. The two loans of five billion roubles each have been extended to NTMK and Zapsib, Evraz's Russian subsidiaries.

The loan proceeds were used for regular tax payments in Russia.

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For further information:

Evraz Group
Corporate Affairs and Investor Relations
Alexey Ivanov
Tel: +7 495 232 1370