SIGNING OF THE LABOUR AGREEMENT 2008-2012 FOR ACERINOX CAMPO DE GIBRALTAR FACTORY

ACERINOX, S.A. and the Works Committee of Campo de Gibraltar Factory, representing its employees, have signed the Labour Agreement for the next four years.

This Labour Agreement, number XVII, affects a total of 2,225 employees.

The Works Committee, made up of eleven members of U.G.T., eight of C.C.O.O. and six of U.S.O., presented a few days ago the proposal of the Labour Agreement to the Workers Assembly, and it was approved by majority on the 6th March.

This afternoon, with the attendance of the Chief Executive Officer, Mr. Rafael Naranjo, and the Managing Director, Mr. Bernardo Velazquez, it has been signed by both negotiating commissions chaired by Mr. Francisco Mora, the Works Committee President and Mr. Jose Luis Masi, the Factory Director.