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Statement regarding coal mine in Siberia

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Statement regarding coal mine in Siberia

August 18, 2008 – Evraz Group S.A. (LSE: EVR) (“Evraz” or the “Company”) regrets to announce that as a result of an accident at its Mine 12 in the Kemerovo region three people died.  A roof collapse occurred at approximately 8:30am on Sunday.  Seven more miners who were also working in the mine at the time of the accident were safely evacuated.

Alexander Frolov, Evraz Group's Chairman and CEO, said: "We deeply regret that there has been an accident in one of our coal mines in Kemerovo and express our condolences to the relatives of the dead miners. The Company will provide all necessary support to their families. I would like to state that labour safety at all Evraz's mines remains our top priority. A full investigation will be launched into the cause of the accident and measures will be taken to prevent similar occurrences in the future".

The Mine 12 coal mine is one of the oldest active mines in the town of Kiselevsk in the Kenerovo region in Siberia. Evraz acquired it in March 2005.  In 2007, Mine 12 produced

893 thousand tonnes of coal, including over 667 thousand tonnes of hard coking coal.

Senior members of the Evraz management are currently present at the mine.  Further information will be announced as it becomes available.

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For further information:

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