OREANDA-NEWS. On August 07, 2007 Evraz Group S.A. (LSE: EVR) ("Evraz") announced that the offer made by Evraz on 4 June 2007 to acquire the entire issued share capital of  Highveld Steel and Vanadium Corporation Limited ("Highveld"), other than those  shares currently held by Evraz, for a consideration of ZAR 93 ("offer") closed  at 17h00 (SA time) on 6 August 2007, reported the press-centre of Evraz.

Evraz confirms that as at the close of the offer, it had received acceptances in  respect of 1,879,070 Highveld shares representing 1,89% of the entire issued  share capital of Highveld. In aggregate, Evraz confirms that it now holds  55,534,182 Highveld shares, representing 56,01% of the entire issued share capital of Highveld.

After the execution of the option to acquire the 24,9% stake in Highveld from  Credit Suisse International, Evraz will hold 80,222,058 Highveld shares, representing 80,9% of the entire issued share capital of Highveld. The option is  to be executed before 1 October 2007.