New Year Speech

As the new year approaches, everything changes for the better. At the beginning of year 2009, on behalf of Sinosteel Corporation, I would like to extend my new year¡¯s greetings and sincere wishes to our partners and friends from all around the world! Thank you for your concern, support and assistance in the past years!

Looking into 2009, we will encounter both challenges and opportunities. With the support and cooperation of our old and new friends, we will further reinforce reform and innovation on the basis of ¡°cooperation, friendship, win-win and development¡±, and expand cooperation and communication with friends at home and abroad. We will move forward with our friends, achieve a win-win result and make greater contribution to the economic prosperity and harmony of the society.

May all of you happy, healthy and prosperous in the new year!


                      Tianwen Huang


                      SINOSTEEL CORPORATION

                      December 31, 2008