Last checked at 21 Sep 2012 11:40
EVRAZ plc (the 'Company')
Interim Dividend for the six months ended 30 June 2012 - Determination of Currency Amounts
21 September 2012 - According to the announcement of EVRAZ plc interim financial results for H1 2012 on 30 August 2012, the Company declared an interim dividend of US$0.11 per share. The dividend will be paid on 5 October 2012 to ordinary shareholders who were on the register on 7 September 2012.
The interim dividend will be paid in U.S. dollars, although certain shareholders have elected to receive their dividend payments in Pounds Sterling and Euros.
The Pound Sterling and Euro amount payable has been determined by reference to the exchange rates of the Central Bank of Europe applicable to the U.S. dollar on 20 September 2012. These rates are as follows:
USD/GBP = 0.6177
USD/Euro = 0.7720
Accordingly, for non-U.S. dollar payments the amount payable per share will be:
Pounds Sterling: GBP 0.067947
Euro: Euro 0.08492
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For further information:
Investor Relations:London: +44 207 832 8990
Moscow: +7 495 232 1370
ir@evraz.com
Company Secretary:TMF Corporate Administration Services LimitedLondon: +44 207 832 8922
evrazcosec@tmf-group.com
EVRAZ is a vertically integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, USA, Canada, Czech Republic, Italy and South Africa. EVRAZ is among the top 20 largest steel producers in the world based on crude steel production of 16.8 million tonnes in 2011. In 2011 EVRAZ sold 15.5 million tonnes of steel products. A significant portion of the Group's internal consumption of iron ore and coking coal is covered by its mining operations. The Group's consolidated revenues for the year ended 31 December 2011 were US$16,400 million and consolidated adjusted EBITDA amounted to US$2,898 million.