Material Fact – Additional information on the note published in VALOR ECONÔMICO newspaper
In reference to the note published in today’s edition of the VALOR ECONÔMICO newspaper (page E-1), COMPANHIA SIDERÚRGICA NACIONAL (“CSN”) hereby clarifies that:
- CSN hired the Banco de Investimentos Credit Suisse S.A. to evaluate, structure and, conditioned to the successful completion of these studies, carry out the sale of a minority shareholding in its mining projects, via the public offering of securities and/or sale to strategic investor; and
- CSN will inform the market as soon as it has finished the abovementioned studies and obtained the necessary approvals to begin implementing the project, pursuant to the current legislation.
Rio de Janeiro, May 10, 2007.
COMPANHIA SIDERÚRGICA NACIONAL
Benjamin Steinbruch
Investor Relations Officer