OREANDA-NEWS. March 30, 2011. Shareholders of Companhia Siderurgica Nacional e Comercio (the “Company”) are invited in accordance with the company’s Bylaws to meet in an Ordinary and Extraordinary General Meeting to be held on April 27 2011 at 10:00 a.m. at the Company’s registered offices at BR 376, km 16.5, Bairro Barro Preto, Sao Jose do Pinhais, state of Parana and to deliberate on the following matters on the agenda of the day:

(i) To take cognizance of the management’s accounts, examine, discuss and vote the Management Discussion and Analysis, Financial Statements and other documents relative to the fiscal year ending December 31 2010;

(ii) Deliberate on the appropriation of the net income for the fiscal year and of the retained earnings and dividend distribution;

(iii) Deliberate on the reduction of seats on the Board of Directors which shall have a total of 7 (seven) members, 1 (one) of which being an independent director;

(iv) To elect a new member to the Board of Directors;

(v) To establish the aggregate annual compensation of the members of the management.

Pursuant to Article 133, Paragraph 5 of Law 6.404/76, the Management Discussion and Analysis, Financial Statements, Explanatory Notes, Audit Committee’s Recommendations, Opinion of the Fiscal Council and Report of the Independent Auditors were published in the newspapers Valor Economico (national edition) and O Estado do Parana on March 22 2011, and in the Official Gazette of the State of Parana on March 23 2011.

The documents and proposals related to the matters on the agenda of the meeting hereby convened are available to shareholders at the registered offices of the Company and its Investor Relations site (http://www.providencia.com.br/ri). Pursuant to Article 8 of the Company’s Bylaws and Article 126 of Law 6.404/76, in order to take part in this ordinary general meeting, the shareholders shall submit to the Company’s registered offices at least three days prior to the date the Ordinary General Meeting is held: (i) substantiating evidence issued by the financial institution depositary of the book entry shares in the shareholders’ ownership or held in custody; and (ii) power of attorney in the event of shareholder representation. We wish to inform that the minimum percentage participation in the voting stock necessary to request the adoption of multiple voting rights is 5% (five percent) pursuant to Article 141 of the Corporate Law, CVM Instruction 165/91 as amended by CVM Instruction 282/98.

Shareholders may be represented in the general meeting by an attorney-in-fact constituted for at least 1 (one) year prior to the meeting, the said attorney-in-fact being a shareholder, member of the Company’s management, lawyer or financial institution, it being incumbent on the investment fund managers to represent the fund participants. The presence of the shareholder or their legal representative at the general meeting shall be contingent on documents substantiating his/her identity.

The Company requests shareholders interested in participating in general meetings that they forward a digitalized version of the power of attorney to the e-mail ri@providencia.com.br, in order to allow better coordination of the work during the meetings. The dispatch of documents via e-mail does not exclude the need for identification, neither does it constitute a condition or requisite for participating in the general meetings, its purpose being solely to organize or accelerate  the work involved.