RNS Number:2627B
Evraz Group S.A.
10 April 2006



10.04.2006

               Evraz acquires leading vanadium producer Stratcor

April 10, 2006 - Evraz Group S.A. (LSE: EVR), one of the leading vertically
integrated steel production and mining businesses with operations mainly in
Russia, announced today it has signed an agreement with the major shareholders
of Strategic Minerals Corporation (Stratcor or Corporation), one of the world's
leading producers of vanadium products, to purchase outstanding shares of the
Corporation, for about US$110 million.

Upon consummation in full of the transaction, Evraz Group will acquire
outstanding Stratcor's shares representing an economic interest in the
Corporation of approximately 73 percent. Sojitz, a Japanese trading company,
will retain a strategic shareholding in the Corporation. The transaction will be
financed from Evraz's own funds. Final closing is subject to customary
conditions and approvals.

Commenting, Valery Khoroshkovsky, Evraz Group's CEO, said,

"The transaction will compensate for the absence of Evraz's own vanadium
processing facilities and will ensure strategic exposure of the Company to
attractive markets of high value-added vanadium products. Evraz will also
benefit from Stratcor's advanced technical know-how and outstanding marketing
expertise".

                                     # # #

Notes for editors:

Vanadium is widely used in the production of high-strength steels, titanium, 
and chemical and petrochemical products.

Strategic Minerals Corporation, a privately-held company, headquartered in
Danbury, Connecticut, USA, is one of the world's leading producers of vanadium
alloys and chemicals for the steel, chemical, and titanium industries. It has
two wholly-owned subsidiaries - Stratcor, Inc. with a plant in Hot Springs,
Arkansas, USA (40% of world production of vanadium chemicals and alloys), and
Vametco Minerals Corporation with a mine and a plant in Brits, South Africa (5%
of world production of vanadium, including Nitrovan(R) vanadium, a unique
vanadium-nitrogen strengthener). Sales are conducted through Stratcor, Inc.'s
sales office in Pittsburgh, Pennsylvania, USA, and a number of agents, including
Sojitz of Japan. In 2005, revenues amounted to US$247 million(1), EBITDA -
US$109 million(1). The Corporation employs 543 people. For further information
visit www.stratcor.com

Evraz is the largest producer (21% of the world primary vanadium raw supply) of
vanadium slag in Russia which is a by-product of steelmaking process at its
Nizhny Tagil steel mill. Evraz has no processing facilities to produce vanadium
products from slag, and currently all slag is supplied to vanadium producers in
Russia and China.

For further information:

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




--------------------------
(1) Estimate, Stratcor.




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

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