EVR Evraz Plc

RNS Number:6410T
Evraz Group S.A.
04 November 2005


                   NOT FOR DISTRIBUTION IN THE UNITED STATES


                                Evraz Group S.A.
                       Announces Terms of Eurobond Issue 

Moscow, November 4, 2005 - Evraz Group S.A. (LSE: EVR), one of the leading
vertically- integrated steel production and mining businesses with operations
mainly in Russia, today announces the terms for the placement of a new issue of
US$750 million of Guaranteed Notes ("Notes") due 2015. The Notes will carry a
coupon of 8.25% and a yield of 8.5%.

The notes are to be issued by Evraz Group S.A., and guaranteed by Mastercroft
Limited, a wholly owned subsidiary of Evraz Group S.A.

It is intended that the Notes will be admitted to the Official List of the UK
Listing Authority and to trading on the London Stock Exchange plc's market for
listed securities.

The net proceeds will be used to repay existing indebtedness, to pursue the
acquisition of additional mining assets and for general corporate purposes.
                                     # # #

For further information:

Evraz Group                                     Merlin
Corporate Affairs and Investor Relations        Michael Rummel                       
Irina Kibina                                    Lachlan Johnston
Tel: +7 095232 1370                             Maria Suleymanova
IR@evraz.com                                    Tel: +44 207 653 6620
                                                msuleymanova@merlinpr.com


Notes to Editors

Evraz Group S.A.

Evraz is one of the largest vertically-integrated steel and mining businesses
with operations mainly in Russia. In 2004, Evraz produced 13.7 million tonnes of
crude steel.

Evraz Group S.A. is a listed company on the London Stock Exchange (LSE). The
company listed its global depositary receipts (GDRs) on the LSE on June 7, this
year.

Evraz's principal assets include three of the leading steel plants in Russia:
Nizhny Tagil (NTMK) in the Urals region, and West Siberian (ZapSib) and
Novokuznetsk (NKMK) in Siberia.

Evraz's mining businesses comprise the Kachkanarsky (KGOK), Evrazruda (acquired
in March 2005) and Vysokogorsky (VGOK) iron ore mining complexes and
NeryungriUgol Coal Company and an equity interest in the Raspadskaya coal mine.

Evraz also owns and operates the Nakhodka commercial sea port, in the Far East
of Russia, which facilitates access to Asian export markets.

These materials are not an offer for sale of any securities of Evraz in the
United States. Any securities of Evraz may not be offered or sold in the United
States absent registration or an exemption from registration under the U.S.
Securities Act of 1933, as amended. Evraz does not intend to register any
portion of the offering in the United States or to conduct a public offering of
any securities in the United States.

This communication is only being distributed to and is directed only at (a)
persons who are outside the United Kingdom or (b) investment professionals
falling within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (the "Order") or (c) high net worth entities,
and other persons to whom it may lawfully be communicated, falling within
Article 49(2)(a - d) of the Order (all such persons mentioned in (a), (b) and
(c) together being referred to as "relevant persons"). Any securities mentioned
in this communication will only be available to, and any invitation, offer or
agreement to subscribe, purchase or otherwise acquire such securities will be
engaged in only with, relevant persons. Any person who is not a relevant person
should not act or rely on this document or any of its contents.

This document is not a prospectus and, to the extent that it may constitute an
advertisement, does not constitute an offer to sell or the solicitation of an
offer to purchase notes or other securities of Evraz. Investors should not
subscribe for any notes referred to in this document except on the basis of the
information contained in the prospectus relating to the notes. A prospectus will
be published and investors will be able to obtain a copy of it from Evraz's
registered office.

This press release is not a public offer or advertisement of securities in the
Russian Federation, and is not an offer, or an invitation to make offers, to
purchase any securities in the Russian Federation.

Stabilisation/FSA






                      This information is provided by RNS
            The company news service from the London Stock Exchange

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