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EVRAZ signs US$425 million syndicated pre-export credit facility

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EVRAZ signs US$425 million syndicated pre-export credit facility

EVRAZ plc (LSE: EVR) (“EVRAZ”) announces the signing by EVRAZ Consolidated West Siberian Metallurgical Plant and EVRAZ Nizhny Tagil Metallurgical Plant (the “Borrowers”) of a US$425 million 5-year Pre-Export Credit Facility (“Facility”) with a syndicate of international banks. Interest under the Facility is payable at a rate equal to LIBOR plus a margin calculated by reference to EVRAZ’s net leverage ratio, currently set at 3.5 percent, and will amortise in equal quarterly instalments after a grace period of 24 months. The Facility is secured by the Borrowers’ export revenues and is guaranteed by parent company EVRAZ plc and EVRAZ’s trading company East Metals AG.

The proceeds will be used to refinance EVRAZ’s existing financial indebtedness.

The deal was supported by EVRAZ’s major relationship banks including Deutsche Bank AG and ING Bank N.V. as Coordinating Mandated Lead Arrangers and Bookrunners, OJSC Nordea Bank as Senior Mandated Lead Arranger and Bookrunner, with Société Générale and Joint Stock Commercial Bank “ROSBANK” (Open joint-stock company), together referred to as “SG Group” as Senior Mandated Lead Arrangers and Raiffeisen Bank International AG and ZAO Raiffeisenbank, together “RBI Group” acting as Mandated Lead Arrangers.

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For further information:

Media Relations:

Vsevolod Sementsov

VP, Corporate Communications

London: +44 207 832 8998 Moscow: +7 495 937 6871

media@evraz.com

Investor Relations:

London: +44 207 832 8990 Moscow: +7 495 232 1370

ir@evraz.com