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Walter Ballandino appointed Highveld's CEO

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Walter Ballandino appointed Highveld's CEO

July 6, 2007 - Evraz Group S.A. (LSE: EVR) ("Evraz") announces that at its
meeting held earlier today the Board of Directors of Highveld Steel and Vanadium
Corporation Limited ("Highveld" or "Corporation"), in which Evraz is a major
shareholder, has approved the appointment of Walter Ballandino as Chief
Executive Officer of the Corporation effective immediately.

Mr. Ballandino succeeds Andre de Nysschen who leaves Highveld after three and a
half years in which he led the Corporation.

Walter Ballandino was born in 1951 in Salisbury, Zimbabwe, and lived there until
he was 16 years old having finished primary and secondary schools. Mr.
Ballandino has a broad international knowledge and experience related to the
steel sector: he graduated from the Polytechnic University of Turin, Italy, as a
specialist in mechanical engineering for the steel processes and later held top
managerial positions in both steel companies and companies involved in the
engineering, manufacturing and supply of capital equipment and turn-key projects
in the steel industry in Italy, Germany, the USA, Japan, Russia, Ukraine.

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For further information:

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