OREANDA-NEWS. Notice is hereby given that the extraordinary general meeting (the “EGM”) of Angang Steel Company Limited (the “Company”) will be held at the Conference Room, Dongshan Hotel, 108 Dongfeng Street, Tie Dong District, Anshan City, Liaoning Province, the PRC on Monday, 19 December 2011 at 9:00 a.m. to consider and, if the though fit, approve the following resolutions, reported the press-centre of Angang Steel Company:

As Ordinary Resolutions
1. “THAT the 2011 Supply of Materials and Services Agreement, the transactions contemplated thereunder and the relevant annual monetary caps such transactions for the years ending 31 December 2012 and 2013 be and are hereby approved, and the Directors of the Company be authorised to do such further acts and things and execute further documents and take all such steps which in their opinion may be necessary, desirable or expedient to implement and/or give effect to the terms of the 2011 Supply of Materials and Services Agreement.”

2. “THAT the proposed revision of accounting estimates of the useful life of the fixed assets as set out in the circular of the Company dated 3 November 2011 be and are hereby approved.”

The address and contact details of the Secretary Office to the Board are as follows:

1 Qianshan Road West
Qianshan District
Anshan City
Liaoning Province
People’s Republic of China
Post Code: 114011
Tel: 86-412-8417273/8419192
Fax: 86-412-6727772