Notice to the Market – Agreement between CSN and Vale


Notice to the Market – Agreement between CSN and Vale

COMPANHIA SIDERURGICA NACIONAL (“CSN”) (BOVESPA: CSNA3; NYSE: SID), as a complement to the Notice to the Market released on April 24, 2009, and in the scope of the agreement entered into by CSN and Vale S.A. (“Vale”) for the purpose of terminating all pending matters between the two companies (“Agreement”), informs its shareholders and the market that the Mutual Release Agreement, related to Crossed Shareholdings Obligations and the Casa de Pedra Contract (“Shareholders’ Ratification”) was singed by CSN, Vicunha Siderurgia S.A., Textília S.A. and the controlling shareholders of Vale, namely Previ, Litel and Bradespar.

With the Shareholders’ Ratification, the resolutory condition set forth in the Agreement has been excluded, making the Agreement between CSN and Vale definite, with (i) the effective renounce of the rights on which the law suits between CSN and Vale are based, which have been suspended since April 24, 2009, and (ii) the confirmation of new terms and conditions that will rule the commercial relations between the parties, as mentioned in the Notice to the Market dated April 24, 2009.

Rio de Janeiro, May 26, 2009
Paulo Penido Pinto Marques
Investor Relations Executive Officer

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