LUXEMBOURG, March 2, 2017 /PRNewswire/ — Evraz Group S.A. (the “Company“) has today launched invitations to holders (the “Noteholders“) of the notes listed below (the First 2018 Notes together with the Second 2018 Notes (each as defined below), the “2018 Notes“, and the 2018 Notes together with the 2020 Notes, the “Notes“), subject to the offer and distribution restrictions below, and upon the terms and subject to the conditions set forth in a tender offer memorandum dated 2 March 2017 (the “Tender Offer Memorandum“), to tender for purchase for cash (a) any and all of the 2018 Notes and (b) the 2020 Notes up to the 2020 Notes Maximum Acceptance Amount (equal to U.S.$300,000,000), in accordance with the procedures described therein. The invitations to tender the Notes for purchase are referred to as the “Tender Offers“, and each of them, a “Tender Offer“. Capitalised terms used in this announcement but not otherwise defined have the meanings given to them in the Tender Offer Memorandum.

This announcement does not constitute an offer to acquire any of the Notes, which is being made solely pursuant to the Tender Offer Memorandum. Holders are advised to read the Tender Offer Memorandum for full details of, and information on, procedures for participating in the Tender Offers. Copies of the Tender Offer Memorandum are available, subject to offer and distribution restrictions, on the Offer Website: https://sites.dfkingltd.com/evraz.

Summary of the Tender Offers

Rationale for the Tender Offers

The purpose of the Tender Offers is to extend the maturity profile of a portion of the Company’s indebtedness and to optimise the use of cash and cash equivalents. Each Tender Offer is subject to the Financing Condition. Notes acquired in the Tender Offers will be cancelled.

Expected Timetable of Events

The times and dates below are indicative only (All times NYC).

For Further Information

Holders may access the Tender Offer Memorandum at https://sites.dfkingltd.com/evraz. Further details about the Tender Offers can be obtained from:

The Joint Dealer Managers

Bank GPB International S.A.
+7-495-988-2353
dcm@gazprombank.ru

Citigroup Global Markets Limited
+44-20-7986-8969 / +1-(800)-558-3745 / +1-(212)-723-6106
Liabilitymanagement.europe@citi.com

Deutsche Bank AG, London Branch
+44-20-7545-8011 / +1-855-287-1922 / +1-(212)-250-7527
liability.management@db.com

J.P. Morgan Securities plc
+44-20-7134-2468
em_europe_lm@jpmorgan.com

VTB Capital plc
+44-20-333-48029
liability.management@vtbcapital.com

The Information and Tender Agent

D.F. King Ltd
evraz@dfkingltd.com
+44-20-7920-9700

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SOURCE Evraz Group S.A.