Sinosteel Successfully Recombined Jilin Ferroalloys Group Corporation Limited

On the morning of April 29, 2007, Sinosteel and SASAC of Jilin Province recombined Jilin Ferroalloys Group Corporation Limited held the signing ceremony in Changchun, which significant meaning that the largest ferroalloys industry is bring into Sinosteel. Governor Han Changfu of Jilin Province, Sinosteel President Huang Tianwen attended the signing ceremony, and delivered a speech one by one. SASAC Director Xiao Wanmin of Jilin Province, Sinosteel President Huang Tianwen, Board Chairman Chang Zhenyou of Jilin Ferroalloys Group Corporation Limited signed the agreement on behalf of each party.

Heads of related departments of Jilin Province and Jilin Government, Sinosteel Vice President Li Zhimin, Vice Secretary Shao Dianxiang of the Party, Chief Accountant Liu Andong, heads of related functional departments and subsidiaries also attended the signing ceremony.

Vice Governor Niu Haijun of Jilin Province Delivering an Address on the Signing Ceremony

Sinosteel President Huang Tianwen Delivering an Address on the Signing Ceremony

SASAC Director Xiao Wanmin of Jilin Province, Sinosteel President Huang Tianwen,Board Chairman Chang Zhenyou of Jilin Ferroalloys Group Corporation Limited Signing on the Agreement on Behalf of Each Party

Governor Han Changfu of Jilin Province, President Huang Tianwen celebrating

Before the ceremony, President Huang Tianwen having a cordial talks with Governor Han Changfu of Jilin Province

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