Material Fact - Shares Acquisition

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Usiminas Belo Horizonte

Rua Prof. Jos Vieira de Mendona, 3011


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
CNPJ/MF 60.894.730/0001-05
NIRE 313.000.1360-0
Publicly Traded Company

MATERIAL FACT

Usinas Siderrgicas de Minas Gerais S.A. USIMINAS (Usiminas or Company), pursuant
to the terms of 4 of article 157 of Law n 6.404/1976 and CVM Instruction n 358/2002, hereby
informs the market that it hs received, on the present date, a letter from its shareholders
Ternium Investments S..r.l. and Caixa de Previdncia dos Funcionrios do Banco do Brasil
PREVI, which states the following:

Pursuant to article 12, 1 e 4 of CVM Instruction n 358, dated as of 03.01.2002, as
amended, we hereby inform that, on this date, Caixa de Previdncia dos Funcionrios do Banco
do Brasil - PREVI, a closed pension fund based in Praia do Botafogo, n 510, 3rd and 4th floors,
CEP 22250-040, Botafogo, Rio de Janeiro / RJ, Brazil, CNPJ No. 33.754.482/0001-24 ("Previ")
and Ternium Investments S. rl, Luxembourg, a Luxembourg company with registered office at
29, Avenue de la Porte-Neuve, L-2227 Luxembourg, Grand Duchy of Luxembourg, CNPJ No.
12.659.927/0001-17 (Ternium") entered into an Instrument of Share Purchase and Sale and
Other Covenants whereby Previ undertook to sell to Ternium 51.390.000 common shares
issued by Usinas Siderrgicas de Minas Gerais SA ("Company").
With the completion of the transaction, (i) Previ will hold 1,379,592 common shares,
representing approximately 0.27% of the Companys common shares. There will be no change
in the position held by Previ in preferred shares issued by the Company by reason of such
operation, so that Previ will remain holding 6,786,350 preferred shares, representing
approximately 1.33% of the preferred shares issued by the Company; and (ii) Ternium will hold
136,131,296 common shares (compared to the 84,741,296 common shares held prior to
completion of the transaction), representing approximately 26.94% of the common shares of the
Company (as compared with 16.77 % before the transaction). Ternium holds no preferred
shares issued by the Company.
Ternium is part of the Companys Amended and Restated Shareholders Agreement, entered
into on January 16, 2012. Pursuant to Clause 2.2. of such instrument, after completion of the
transaction hereby informed, the acquired shares will not be subject to the Shareholders
Agreement, however Ternium shall vote with such shares in accordance with the provisions of

Usiminas Belo Horizonte
Rua Prof. Jos Vieira de Mendona, 3011
31310-260 Belo Horizonte MG
T 55 31 3499-8000
F 55 31 3499-8899

www.usiminas.com



Clause 4 of the Shareholders Agreement. With the completion of the transaction, T/T Group, as
such term is defined in the Shareholders Agreement, will hold 191,131,296 common shares
(compared to 139,741,296 common shares), representing approximately 37.83% of the
common shares (compared to 27.66% before the transaction). The T/T Group has not and will
not hold preferred shares in connection with the closing of this transaction.
The transaction herein informed does not result in obligation to hold a public offer to acquire
shares of the Company.
The signatories state that, with the exception of the securities mentioned in this letter, they do
not hold and have no knowledge of connected people who hold shares, warrants, rights to
subscribe for shares and options to purchase shares or convertible debentures. Ternium also
informs that, except for the Companys Amended and Restated Shareholders' Agreement and
for the T/T Groups Shareholders Agreement, it has not entered into any agreement or contract
regulating the exercise of voting rights or the purchase and sale of securities issued by the
Company, and that the acquisition of shares now informed does not intend to change the
composition of the control or the management structure of the Company.
Regards.


Belo Horizonte, October 02nd, 2014.

Ronald Seckelmann
Vice President of Finances and Investors Relations

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