CSN releases 3Q08 Results

CSN POSTS YEAR-TO-DATE NET REVENUE OF R$10.6 BILLION AND EBITDA OF R$5.1 BILLION, BOTH RECORD FIGURES OF THE COMPANY, AND NET INCOME OF R$1.8 BILLION IN THE PERIOD. IN THE 3Q08, CSN PRESENTS NET REVENUE OF R$4.0 BILLION AND EBITDA OF R$2.1 BILLION, BOTH RECORD FIGURES OF THE COMPANY, AND NET INCOME OF R$40 MILLION

São Paulo, Brazil, November 14, 2008

Companhia Siderúrgica Nacional (CSN) (BOVESPA: CSNA3) (NYSE: SID) announces today its results for the third quarter of 2008 (3Q08), 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 third quarter of 2007 (3Q07), unless otherwise stated. For reference purposes, US amounts were converted into Reais at the Real/US Dollar exchange rate of R$1.914, as of September 30, 2008.

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