CAPITAL INCREASE OF ACERINOX, S.A.

The National Stock Exchange Commission has approved the capital increase of ACERINOX, S.A., with a nominal value of € 5,800,000 , with the exclusion of the current shareholders’ pre-emption rights. Beginning of January, it will be subscribed by the South-African companies Angloamerican, Samancor and the State Agency I.D.C., at price of € 40 per share (€ 1 of nominal value and € 39 of issue premium).
The National Stock Exchange Commission has approved the capital increase of ACERINOX, S.A., with a nominal value of € 5,800,000 , with the exclusion of the current shareholders’ pre-emption rights. Beginning of January, it will be subscribed by the South-African companies Angloamerican, Samancor and the State Agency I.D.C., at price of € 40 per share (€ 1 of nominal value and € 39 of issue premium).

They will held a stake of 8.8% of the share capital of ACERINOX,S.A. and a seat on the Board of Directors.