EVR Evraz Plc

    RNS Number : 1095K
  Evraz Group S.A.
  15 December 2008
   
                                                                                                 for immediate release

    EVRAZ SIGNS $800 MILLION LOAN WITH VNESHECONOMBANK

    December 15, 2008 - Evraz Group (LSE: EVR) ("Evraz" or the "Company") announces signing of a US$800 million loan with Russia's State
Corporation Bank for Development and Foreign Economic Affairs "Vnesheconombank (VEB).

    All the proceeds under this loan agreement were used to refinance the Company's short-term debt.

    As announced earlier, VEB approved credit lines for Evraz to refinance the Company's indebtedness under the syndicated loans in the
amount of US$1,006.6 million and US$800 million.

    ���

    For further information:

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



This information is provided by RNS
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