Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: 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

X

Other (please specify):

3. Full name of person(s) subject to the notification 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 on which the threshold is crossed or reached:v

04 May 2018

6. Date on which issuer notified:

10 May 2018

7. Threshold(s) that is/are crossed or reached: vi' vii

Lanebrook Limited 63%; 62%

Alexander Abramov 21%; 20%

8. Notified details:

A: Voting rights attached to shares vl11, ix

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number

of

Shares

Number

of

Voting

Rights

Number of shares

Number of voting rights

% of voting rights x

Direct

Direct xi

Indirect x"

Direct

Indirect

Ordinary shares GB00B71N6K86 (Lanebrook Limited)

905,487,416

905,487,416

905,487,416

905,487,416

62.74%

Ordinary shares GB00B71N6K86 (Mr Roman Abramovich)

440,528,063

440,528,063

440,528,063

30.52%

Ordinary shares GB00B71N6K86 (Mr Alexander Abramov)

301,960,323

301,960,323

301,960,323

20.92%

Ordinary shares GB00B71N6K86 (Mr Alexander Frolov)

150,783,385

150,783,385

150,783,385

10.45%

Ordinary shares GB00B71N6K86 (Mr Eugene Shvidler)

43,805,030

43,805,030

43,805,030

3.03%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xi"

Exercise/

Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

-

-

-

-

-

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise

price

Expiration date xvi

Exercise/ Conversion period xvi"

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: 905,487,416

62.74%

Mr Roman Abramovich: 440,528,063

30.52%

Mr Alexander Abramov: 301,960,323

20.92%

Mr Alexander Frolov: 150,783,385

10.45%

Mr Eugene Shvidler: 43,805,030

3.03%

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

Lanebrook Limited holds a direct interest of 62.74%

Mr Roman Abramovich holds an indirect interest of 30.52% of which 28.40% is held indirectly through Lanebrook Limited

Mr Alexander Abramov holds an indirect interest of 20.92%, of which 20.92% is held indirectly through Lanebrook Limited

Mr Alexander Frolov holds an indirect interest of 10.45%, of which 10.45% is held indirectly through Lanebrook Limited

Mr Eugene Shvidler holds an indirect interest of 3.03%, of which 2.97% is held indirectly through Lanebrook Limited

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will case to hold voting rights:

13. Additional information:

On 04 May 2018, 11,297,476 ordinary shares of EVRAZ plc were transferred out of treasury to the EVRAZ plc Employee Benefit Trust.

14. Contact name:

Lanebrook Limited:

Helen Skapoullis (administrator)

15. Contact telephone number:

+357 22 555 352 (administrator)