Evraz Regulatory News (EVR)

EVRAZ Prepays US$950 Million Structured Credit Facility Due 2015

24 April 2013 - EVRAZ plc (LSE: EVR) announces that it has prepaid the outstanding US$759 million of the US$950 million structured credit facility (the "Facility"), using the proceeds from the recent US$1 billion issuance of 6.50% notes due 2020. The Facility, under which Evraz Group S.A., a wholly-owned subsidiary of EVRAZ plc, was the borrower, was amortising quarterly with the final instalment due in November 2015.

The repayment of the Facility, to which attached certain covenants on net leverage, represents a further step in the Company's ongoing management of its financial covenants in the continuing challenging market environment.

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For further information:

Media Relations:

Oleg Kuzmin

VP, Corporate Communications

London: +44 207 832 8998 Moscow: +7 495 937 6871

media@evraz.com

Investor Relations:

Sergey Belyakov

Director, Investor Relations

London: +44 207 832 8990 Moscow: +7 495 232 1370

ir@evraz.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 steel producers in the world based on crude steel production of 15.9 million tonnes in 2012. In 2012 EVRAZ sold 15.3 million tonnes of steel products. A significant portion of the company's internal consumption of iron ore and coking coal is covered by its mining operations. The company's consolidated revenues for the year ended 31 December 2012 were US$14,726 million, and consolidated EBITDA amounted to US$2,012 million.