Evraz Group S.A issued its Q1 of 2009 trading update.

Highlights:

1. Revenue for the three-month period ended March 31st 2009 was USD 2,413 million

2. Adjusted EBITDA was USD 305 million with adjusted EBITDA margin of 12.6%

3. Interest expense was USD 187 million

4. Total debt as of March 31st 2009 amounted to approximately USD 9,041 million, including USD 3,775 million of short-term loans and current portion of long-term debt

5. Cash and cash equivalents at the end of the period stood at approximately USD 855 million

6. Capital expenditures amounted to USD 103 million

7. Total steel products sales in Q1 2009 amounted to 3.5 million tonnes

8. Iron ore sales volumes including intersegment shipments totaled 4.0 million tonnes

9. Coal sales including intersegment shipments were 3.8 million tonnes, including 1.1 million tonnes of raw coking coal, 1.4 million tonnes of steam coal and 0.9 million tonne of coking coal concentrate