Usiminas, a Brazilian steel company, received a letter informing them that Votorantim Industrial S.A. and VBC Energia S.A. have obtained all necessary corporate approvals to sell their entire common share holdings in Usiminas that are subject to a shareholders agreement, including waiving their right of first refusal to acquire the shares. The final closing of the transactions is still expected in mid-January 2012 as previously disclosed. Usiminas will continue to keep the market informed of any new developments regarding this sale of shares.
Usiminas, a Brazilian steel company, received a letter informing them that Votorantim Industrial S.A. and VBC Energia S.A. have obtained all necessary corporate approvals to sell their entire common share holdings in Usiminas that are subject to a shareholders agreement, including waiving their right of first refusal to acquire the shares. The final closing of the transactions is still expected in mid-January 2012 as previously disclosed. Usiminas will continue to keep the market informed of any new developments regarding this sale of shares.
Usiminas, a Brazilian steel company, received a letter informing them that Votorantim Industrial S.A. and VBC Energia S.A. have obtained all necessary corporate approvals to sell their entire common share holdings in Usiminas that are subject to a shareholders agreement, including waiving their right of first refusal to acquire the shares. The final closing of the transactions is still expected in mid-January 2012 as previously disclosed. Usiminas will continue to keep the market informed of any new developments regarding this sale of shares.
31310-260 Belo Horizonte MG T 55 31 3499-8000 F 55 31 3499-8899 www.usiminas.com
USINAS SIDERRGICAS DE MINAS GERAIS S.A. USIMINAS
Publicly Traded Company CNPJ/MF 60.894.730/0001-05 NIRE 313.000.1360-0
MATERIAL FACT
Usinas Siderrgicas de Minas Gerais S.A. USIMINAS (Usiminas or Company),
according to CVM Instruction Nr. 358/02, hereby informs the market and the public in general that it has received, today, a letter from Votorantim Industrial S.A. e VBC Energia S.A., as following: (FREE TRANSLATION) The signatories, reporting to the notice sent on September 27th, 2011, hereby inform that were obtained by the remaining shareholders of Usiminas Shareholders Agreement all corporate approvals necessary to the sale of the totality of common shares held by the signatories subject to the Shareholders Agreement (Shares), including the waiver to the right of first refusal for acquisition of the Shares. The final closing of the mentioned transactions remains expected for mid January 2012, as disclosed in the Material Fact dated as of November 28th, 2011. Finally, Usiminas reinforces its commitment to keep the market duly informed of possible new information that comes to its knowledge regarding the facts mentioned in this Material Fact.
Belo Horizonte, December 13th, 2011
RONALD SECKELMANN Finance and Investor Relations Vice-President