CEDINOX

The Board of Directors Meeting of the Stainless Steel Development Association, held last December 20th, 2000, agreed to dismiss Mr. MARIANO MARTIN, as Director of such centre and to appoint Ms. SONSOLES FERNANDEZ, Industrial Engineer, as the new Director.

The Board of Directors Meeting of the Stainless Steel Development Association, held last December 20th, 2000, agreed to dismiss Mr. MARIANO MARTIN, as Director of such centre and to appoint Ms. SONSOLES FERNANDEZ, Industrial Engineer, as the new Director.

Sonsoles Fernandez started at Acerinox, S.A. in 1997. Initially appointed to the Technical Department, in the Campo de Gibraltar Factory, in july 1999 she began to manage the Corporative Planning Department, in Madrid head office.