Company Announcements

EVRAZ Priced 20 Billion Rouble Bond Issue

EVRAZ plc (LSE: EVR) ("EVRAZ") announces that it has priced a 5-year 20 billion rouble bond (approx. US$317 million) at a coupon rate of 7.95% per annum. The bonds are issued by EVRAZ's subsidiary, OOO EvrazHolding Finance, and guaranteed by EVRAZ plc.

The book was closed on 25 July 2019.

The settlement is expected to be completed on 5 August 2019.

Proceeds from the issue will be used to refinance the EVRAZ's existing debt (thus not increasing the total debt level) and will help to lower the average weighted cost of debt and extend maturities.

Sberbank CIB, VTB Capital and Alfa-Bank are acting as Joint Lead Managers.

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For further information:

Media Relations:

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

media@evraz.com

Investor Relations:

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

ir@evraz.com