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Statement regarding Nikopol Ferroalloy Plant

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Statement regarding Nikopol Ferroalloy Plant

Moscow, August 25, 2005 – Evraz Group S.A. (LSE: EVR), one of the leading vertically integrated steel production and mining businesses with operations mainly in Russia, would like to re-confirm its previously disclosed position and clarify the issue regarding Nikopol Ferroalloy Plant (NFP):

Any action including investigation of an opportunity to acquire a stake in NFP in the Ukraine is being made by a group of investors that includes Mr. Abramov, Evraz Group S.A.’s Chairman and CEO, in their personal capacities only, and not by Evraz Group S.A.

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For further information:

Evraz Group
Corporate Affairs and Communications
Irina Kibina
Tel: +7 095 234 4629
IR@evraz.com

Merlin
Michael Rummel
Lachlan Johnston
Tel: +44 207 653 6620
ljohnston@merlinpr.com