EVRAZ plc announced that the holders of the $500,000,000 6.75% Notes due 2022 that, pursuant to Condition 7.3 (Redemption at Make-Whole) of the Terms and Conditions of the Notes, it is exercising its option to redeem all of the outstanding Notes on 28 October 2021 (the "Redemption Date"). The Notes will be redeemed at a redemption price equal to the principal amount thereof plus the Applicable Premium as of, plus accrued and unpaid interest to, the Redemption Date. The amount of the Applicable Premium and the accrued but unpaid interest will be separately communicated to Noteholders on or about the second Business Day prior to the Redemption Date.