COMPANY - Ownership Breakdown
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Capital Stock Structure

| CAPITAL STOCK STRUCTURE |

CSN - Capital Stock Structure - 03/31/2013 (%)

*Controlling Group

The Company´s fully subscribed and paid-in capital stock on May 2012 totals R$4,540,000,000.00 consisting of 1,457,970,108 common, no par value shares.

All CSN’s shares are common shares and each of them carries the right of one vote in Shareholder Meetings.

According to the CSN‘s Bylaws, the Company´s Board of Directors may authorize an increase in Capital Stock up to 2,400,000,000 (two billion, four hundred million) shares.

Number of Shares
Common % Total Shares
Vicunha Siderurgia S.A.* 697,719,990 47.86%
Rio Iaco Participações S.A.* 58,193,503 3.99%
CBS - CSN‘s Pension Fund 12,788,231 0.88%
BNDES Participações S.A. - BNDESPAR 27,509,316 1.89%
JPMorgan Chase Bank - ADR 325,554,150 22.33%
Other Shareholders -BM&FBOVESPA 336,204,918 23.05%
Total Shares 1,457,970,108 100.00%

Last Update: June 13, 2013  
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