EVRAZ Priced 15 Billion Rouble Bond Issue

25 June 2015 - EVRAZ plc (LSE: EVR) ("EVRAZ") announces that it has priced a 4-year 15 billion rouble bond (approx. US$275 million) at a coupon rate of 12.95% per annum. The bonds are issued by EVRAZ's subsidiary, OOO EvrazHolding Finance, and guaranteed by Evraz Group S.A.

The closing and settlement is expected to be completed on 1 July 2015.

Proceeds from the issue will be used to refinance the EVRAZ's existing debt, thus not increasing the total debt level.

Sberbank CIB, VTB and Sviaz-Bank are acting as Joint Lead Managers and Bookrunners. KIT-Finance and RONIN are acting as Co-Lead Managers.

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For further information:

Investor Relations:

Irina Bakhturina

Director, Investor Relations

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

ir@evraz.com

Media Relations:

Vsevolod Sementsov

VP, Corporate Communications

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

media@evraz.com

EVRAZ is a vertically integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, Kazakhstan, USA, Canada, Czech Republic, Italy and South Africa. EVRAZ is among the top steel producers in the world based on crude steel production of 15.5 million tonnes in 2014. 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 2014 were US$13,061 million, and consolidated EBITDA amounted to US$2,325 million.