Clarification on Information released by the Press


Publicly-held Company
Rua São José nº 20, Grupo 1602, parte
Rio de Janeiro/RJ
Corporate Taxpayers’ ID (CNPJ) 33.042.730/0001-04

In view of information recently released by the press, Companhia Siderúrgica Nacional (CSN) informs that it is constantly analyzing business opportunities and corporate alternatives that may add value to its businesses.

In this sense, CSN’s management is currently considering the possibility of segregating some of its mining and logistics assets into separate subsidiaries, which could in the future result in an initial public offering or in partnerships with third parties. However, no decision has yet been taken on such matter.

Consistent with its commitment to value creation, CSN will base any decision on the best interests of the Company and its shareholders, taking into consideration ongoing global financial and capital market conditions.

Should any new fact occur or should CSN’s management take a decision on the matter, this information will be immediately disclosed to the market in accordance with the law.

Rio de Janeiro, September 28, 2009

Paulo Penido Pinto Marques
Investor Relations Executive Officer

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