EVR Evraz Plc

RNS Number:1662S
Evraz Group S.A.
01 March 2007



             Evraz commences tender offers to buy out VGOK and NMTP
                                minority stakes

March 1, 2007 - Evraz Group S.A. (LSE: EVR) announces that its affiliated
company OOO Sibmetinvest commences cash tender offers to purchase 5.154876% and
5.5896% of outstanding shares of common stock of VGOK and the Nakhodka Sea Port
("NMTP"), respectively.

Sibmetinvest which itself and through its affiliated companies holds 94.99965%
of VGOK share capital, has made an offer to VGOK minority shareholders to tender
the remaining 5.000346% of VGOK outstanding shares for a cash consideration of
5.83 roubles per ordinary share or an aggregate price of approximately 227.4
million roubles.

Sibmetinvest has also made an offer to NMTP minority shareholders to purchase
5.5896% of NMTP common stock for 33.00 roubles per share or an aggregate price
of approximately 82.8 million roubles. At present Sibmetinvest owns 94.41036% of
NMTP share capital.

The tender offers commence on March 2, 2007 and will be valid for 70 days.

                                     # # #
For further information:

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



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

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