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NTMK to pay interim dividend

Moscow, September 27, 2005 – Evraz Group S.A. (LSE: EVR), one of the leading vertically integrated steel production and mining businesses with operations mainly in Russia, announces that yesterday, at Extraordinary General Meeting of OAO Nizhny Tagil Iron and Steel Plant (“NTMK”), its shareholders adopted a resolution to pay an interim dividend.

According to the resolution, NTMK will pay an interim dividend of 2.29 rubles per share based on its results for the first half of 2005. The total amount of the dividend payment will be 2 999 906 792 rubles, representing approximately 33% of NTMK’s net profit for the first half of 2005.

Dividends are payable within 60 days (and no later than November 24, 2005) to shareholders of record on August 11, 2005.

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For further information:

Evraz Group
Corporate Affairs and Communications
Irina Kibina
Tel: +7 095 933 58 76

Michael Rummel
Lachlan Johnston
Maria Suleymanova
Tel: +44 207 653 6620