Shareholders of Companhia Siderúrgica Nacional
The Management of Companhia Siderúrgica Nacional submits to its Shareholders the following proposal:
– In light of the provisions of article 6 of Law 11,638, as of December 28, 2007, and article 4 of CVM Instruction 469, as of May 2, 2008, the Board of Directors of the Company, in a meeting held on August 12, 2008, decided for the reversal of the Revaluation Reserve booked under fixed assets up to the end of the current fiscal year.
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