São Paulo, Brazil, May 7, 2008 – Companhia Siderúrgica Nacional (CSN) (BOVESPA: CSNA3) (NYSE: SID) announces today its results for the first quartes of 2008 (1Q08), in accordance with Brazilian accounting principles and denominated in Brazilian Reais (R$). All comments presented herein refer to the Company´s consolidated results and comparisons refer to the first quarter of 2007 (1Q07), unless otherwise stated. On March 31, 2008, the Real/Dollar exchange rate was R$ 1.749.
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