SIDENOR STEEL PRODUCTS MANUFACTURING COMPANY S.A.

2 -4 Messogion Avenue, 15127Athens, Phone: 210 6861 111

Notifies a change in the composition of the Company's Board of Directors

Following the provisions of article 10 par. 1 of Law 3340/2005 and article 2 par 2 (e) of the Resolution of the Board of Directors of the Capital Markets Commission 3/347/12.07/2005, the company SIDENOR S.A. notifies that, following a pertinent resolution of the company's Board of Directors, dated 06/09/2013, Mr. Nicholas Stassinopoulos, was elected as a new, non executive member of the Board of Directors, to substitute Mr. Vassilios Papantoniou, executive member, who submitted his resignation.

By its above resolution, the Board of Directors appointed as new Chairman Mr. Nicholas Stassinopoulos, non executive member, and as new Vice Chairman Mr. George Kalfarentzos, executive member.

As a result of the above, the members of the company's new Board of Directors are as follows:

     1.   Nicholas Stassinopoulos, Chairman, non executive member

     2.   George Kalfarentzos, Vice-chairman, executive member

     3.   Nikolaos Koudounis, executive member

     4.   Nikolaos Mariou, executive member

     5.  George Soulitzis, non executive member

     6.   George Passas, non executive member

     7.   Ioannis Economou, non executive member

     8.   Andreas Kyriazis, independent, non executive member

     9.   Efstathios Striber, independent, non executive member

Athens 06.09.2013