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Statement Regarding Equity Stake in Raspadskaya

11 March 2011 – Evraz Group S.A. (LSE:EVR) ("Evraz") notes media speculation regarding the potential disposal of Evraz's 40% indirect equity stake in the Russian coking coal producer OAO Raspadskaya (RTS, MICEX: RASP).

Evraz confirms that it is considering options with respect to this stake, and will refrain from further comments unless a binding course of action is defined.

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