Evraz Regulatory News (EVR)

TR 1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

EVRAZ plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

An exercise of financial instruments (warrants to which voting rights were attached) which resulted in the subscription to new Ordinary Shares of EVRAZ plc

X

3. Full name of person(s) subject to thenotification obligation: iii

Lanebrook Limited

Mr Roman Abramovich

Mr Alexander Abramov

Mr Alexander Frolov

Mr Eugene Shvidler

4. Full name of shareholder(s)  (if different from 3.):iv

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

28 January 2014

6. Date on which issuer notified:

30 January 2014

7. Threshold(s) that is/are crossed orreached: vi, vii

Lanebrook Limited: 65%

Mr Roman Abramovich: 32%

Mr Alexander Abramov: 22%

Mr Alexander Frolov: 11%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary shares

GB00B71N6K86

(Lanebrook Limited)

934,440,556

934,440,556

968,385,484

968,385,484

64.28%

Ordinary shares

GB00B71N6K86

(Mr Roman Abramovich)

456,310,736

456,310,736

471,675,808

31.31%

Ordinary shares

GB00B71N6K86

(Mr Alexander Abramov)

317,300,488

317,300,488

328,620,382

21.81%

Ordinary shares

GB00B71N6K86

(Mr Alexander Frolov)

158,442,915

158,442,915

164,095,485

10.89%

Ordinary shares

GB00B71N6K86

(Mr Eugene Shvidler)

45,257,031

45,257,031

46,864,423

3.11%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

-

-

-

-

-

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

Lanebrook Limited: 968,385,484

64.28%

Mr Roman Abramovich: 471,675,808

31.31%

Mr Alexander Abramov: 328,620,382

21.81%

Mr Alexander Frolov: 164,095,485

10.89%

Mr Eugene Shvidler: 46,864,423

3.11%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Lanebrook Limited holds a direct interest of 64.28%

Mr Roman Abramovich holds an indirect interest of 31.31% of which 29.10% is held indirectly through Lanebrook Limited

Mr Alexander Abramov holds an indirect interest of 21.81%, of which 21.44% is held indirectly through Lanebrook Limited

Mr Alexander Frolov holds an indirect interest of 10.89%, of which 10.70% is held indirectly through Lanebrook Limited

Mr Eugene Shvidler holds an indirect interest of 3.11%, of which 3.04% is held indirectly through Lanebrook Limited

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

Exercise by Lanebrook Limited of 33,944,928 Warrants which granted Lanebrook Limited the right to subscribe to 33,944,928 new Ordinary Shares of the Issuer during the Exercise/Conversion Period, from 17 January 2014 until 17 April 2014.

14. Contact name:

Lanebrook Limited:

Helen Skapoullis (administrator)

15. Contact telephone number:

+357 22 555 352 (administrator)