<SEC-DOCUMENT>0001292814-11-001393.txt : 20110512
<SEC-HEADER>0001292814-11-001393.hdr.sgml : 20110512
<ACCEPTANCE-DATETIME>20110512074823
ACCESSION NUMBER:		0001292814-11-001393
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110630
FILED AS OF DATE:		20110512
DATE AS OF CHANGE:		20110512

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NATIONAL STEEL CO
		CENTRAL INDEX KEY:			0001049659
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS [3310]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14732
		FILM NUMBER:		11833776

	BUSINESS ADDRESS:	
		STREET 1:		RUA LAURO MULLER
		STREET 2:		116 36 ANDAR
		CITY:			RIO DE JANEIRO RJ BR
		STATE:			D5
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>sid20110511_6k1.htm
<DESCRIPTION>MINUTES OF THE ANNUAL SHAREHOLDERS' MEETING
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<DIV align=center><FONT color=#000000 size=5 face="Times New Roman"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Washington, D.C. 20549 </B></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=5 face="Times New Roman"><B>FORM 6-K </B></FONT></DIV>

<DIV><FONT size=1></FONT>&nbsp;</DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman">Report of Foreign Private Issuer<BR>Pursuant to Rule 13a-16 or 15d-16 of the</FONT></DIV>

<DIV align=center><FONT color=#000000 size=3 face="Times New Roman">Securities Exchange Act of 1934</FONT></DIV>

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<DIV><FONT color=#000000 size=3 face="Times New Roman"><B>For the month of May, 2011</B></FONT></DIV><FONT color=#000000 size=3 face="Times New Roman"><B>Commission File Number 1-14732 </B></FONT></DIV>

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<DIV align=center><FONT color=#000000 size=5 face="Times New Roman"><B>COMPANHIA SIDER&#218;RGICA NACIONAL </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">(Exact name of registrant as specified in its charter) </FONT></DIV>

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<DIV align=center><FONT color=#000000 size=5 face="Times New Roman"><B>National Steel Company </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">(Translation of Registrant's name into English)</FONT></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>Av. Brigadeiro Faria Lima 3400, 20&#186; andar<BR>S&#227;o Paulo, SP, Brazil<BR>04538-132 </B></FONT></DIV>

<DIV align=center><FONT color=#000000 size=2 face="Times New Roman">(Address of principal executive office)</FONT></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman">Indicate by check mark whether the registrant files or will file annual reports<BR>under cover Form 20-F or Form 40-F.&nbsp;</FONT> Form 20-F ___X___ Form 40-F _______

<P>&nbsp;<FONT size=3 face="Times New Roman, Times, Serif">Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. </FONT>&nbsp;</P>Yes _______ No ___X____ </DIV>

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<P style="TEXT-ALIGN: center"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">COMPANHIA SIDER&#218;RGICA NACIONAL<BR></FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Publicly-held Company<BR></FONT><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Corporate Taxpayer&#8217;s ID (CNPJ/MF): 33.042.730/0001-04<BR>Corporate Registry (NIRE): 3330001159-5</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">MINUTES OF THE ANNUAL SHAREHOLDERS&#8217; MEETING OF COMPANHIA SIDER&#218;RGICA NACIONAL HELD ON APRIL 29, 2011 AND DRAWN UP IN SUMMARY FORMAT</FONT></B></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">1. Date, time and venue: </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Annual Shareholders&#8217; Meeting held on April 29, 2011, at 11:00 a.m., at the Company&#8217;s headquarters, at Rua S&#227;o Jos&#233;, 20, grupo 1602, parte, Centro, in the city of Rio de Janeiro.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">2. Call Notices: </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Call notices were published on April 12, 13 and 14, 2011 in the </FONT><I><FONT size=3 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">Di&#225;rio Oficial do Estado do Rio de Janeiro </FONT></I><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">on pages 17, 62 and 40, respectively, in </FONT><I><FONT size=3 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">Valor Econ&#244;mico </FONT></I><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">newspaper, on pages B2, C3 and B4, respectively, said notices to be filed at the Company&#8217;s headquarters.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">3. Attendance: </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Shareholders representing more than majority of the Company&#8217;s voting capital, as evidenced by the signatures in the Shareholders Attendance Book, as well as the representative of KPMG Auditores Independentes, Mrs. Carla Bellangero, and the Company&#8217;s Executive Officer, Mr. Alberto Monteiro de Queiroz Netto.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">4. Presiding: </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The Board member Ant&#244;nio Francisco dos Santos chaired the meeting and invited Mrs. Claudia Maria Sarti to act as secretary.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">5. Agenda: (i) </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">to appraise the management accounts, examine, discuss and vote on the Financial Statements and the Management Report for the fiscal year ended December 31, 2010; </FONT><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">(ii) </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">to resolve on the allocation of net income for the fiscal year ended December 31, 2010, payment of dividends and interest on equity, including the approval of the capital budget for the current fiscal year, in compliance with article 196 of Law 6,404/76; </FONT><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">(iii) </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">to elect the members of the Board of Directors; and </FONT><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">(iv) </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">to establish the management&#8217;s total annual compensation for 2011.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">6. Resolutions: </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">The following resolutions were taken by shareholders representing more than majority of the Company&#8217;s voting capital, with the abstention of those legally prevented from voting, abstentions register as the case may be and the vote instructions filed at the Company&#8217;s headquarters:</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">6.1. </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Approval for drawing up these minutes in summary format and their publication without the signatures of those attending shareholders, as permitted by paragraphs 1 and 2 of article 130 of Law 6,404 of November 15, 1976 ("Law 6404/76"), respectively.</FONT></P>

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<P style="TEXT-ALIGN: left"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">6.2. </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Approval, by unanimous vote of attending shareholders, of the waiving of the reading of the Financial Statements, the Management Report and the Independent Public Accountants&#8217; Report, as all attending shareholders are cognizant thereof.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">6.3. </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Approval, by the majority of attending shareholders, being the abstentions filed at the Company&#8217;s headquarters, with the abstention of those legally prevented from voting, of the Management Accounts, the Financial Statements and the Management Report related to the fiscal year ended December 31, 2010, as released on March 28, 2011 on the websites of the Brazilian Securities and Exchange Commission (&#8220;CVM&#8221;) and BM&amp;FBOVESPA S.A. -Bolsa de Valores, Mercadorias e Futuros (&#8220;BM&amp;FBOVESPA&#8221;) and published on March 29, 2011 in the </FONT><I><FONT size=3 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">Valor Econ&#244;mico </FONT></I><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">newspaper </FONT><I><FONT size=3 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">(</FONT></I><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">pages A27 to A46) and in the </FONT><I><FONT size=3 face="TimesNewRomanPS-ItalicMT,Times New Roman,Times,serif">Di&#225;rio Oficial do Estado do Rio de Janeiro </FONT></I><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">(pages 4 to 29) .</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">6.4. </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Approval, by unanimous vote of attending shareholders, of the allocation of net income for the fiscal year ended on December 31, 2010 in the amount of R$ R$2,516,376,039.97, adjusted by the deduction of R$33,416,593.28, related to the adoption of Declarations, Interpretations and Guidance issued by the Accounting Declaration Committee (CPC), amounting to R$2,482,959,446.69 to be allocated as follows: (i) pay R$ 356,800,000.00 as Interest on Equity, corresponding to the gross amount of R$0.24472 per share. Except for the immune and exempted shareholders, this amount is subject to a fifteen per cent (15%) withholding income tax, this rate being applied to all shareholders domiciled in countries who do not tax income or tax it at the maximum rate lower than twenty per cent (20%), which in this case, are subject to a twenty-five per cent (25%) withholding income tax, as provided for by Article 8 of Law 9,779/99; (ii) payment of dividends in the amount of R$1,500,000,000.00, corresponding to the gross amount of R$1.02883 per share. Interest on Equity and Dividends will be paid by the Company in Brazilian local currency as of May</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">9, 2011, with no monetary restatement; and (iii) allocate R$626,159,446.69 for the constitution of an investment reserve to meet the investments projects covered by the Capital Budget for the current year, approved herein, in compliance with the provisions of article 196 of Law 6,404/76. Considering that the maximum limit of the legal reserve has already been attained, no amount shall be allocated to such reserve.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">6.5. </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Approval, by the majority of attending shareholders, being the abstentions and opposing votes filed at the Company&#8217;s headquarters, that the Board of Directors be composed of 7 (seven) members.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">6.6. </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Pursuant to article 13, paragraph 2 of the Company&#8217;s Bylaws, the following board members were elected to compose the Company&#8217;s Board of Directors: firstly, the shareholder </FONT><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">A</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">NTONIO </FONT></B><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">F</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">RANCISCO </FONT></B><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">D</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">OS </FONT></B><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">S</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">ANTOS</FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">, Brazilian, married, business administrator, identity card IFP 1.307.360, enrolled in the individual roll of taxpayers (CPF/MF) under no. 112.375.706-20, appointed by CSN Investment Club, was re-elected; the re-election of the shareholders </FONT><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">B</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">ENJAMIN </FONT></B><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">S</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">TEINBRUCH</FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">, Brazilian, married, industrialist, identity card SSP/SP 3.627.815-4, enrolled in the individual roll of taxpayers (CPF/MF) under no.</FONT></P></DIV>

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<P style="TEXT-ALIGN: left"><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">618.266.778-87; </FONT><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">J</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">ACKS </FONT></B><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">R</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">ABINOVICH</FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">, Brazilian, married, industrialist, identity card SSP/SP 1.179.678, enrolled in the individual roll of taxpayers (CPF/MF) under no. 011.495.638-34; </FONT><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">F</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">ERNANDO </FONT></B><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">P</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">ERRONE</FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">, Brazilian, married, attorney, identity card IFP 2.048.837, enrolled in the individual roll of taxpayers (CPF/MF) under no. 181.062.347-20; </FONT><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">Y</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">OSHIAKI </FONT></B><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">N</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">AKANO</FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">, Brazilian, married, business administrator, identity card (RG) 5.157.491-3 and enrolled in the individual roll of taxpayers (CPF/MF) under no. 049.414.548-04, </FONT><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">G</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">ILBERTO </FONT></B><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">S</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">AY&#195;O DA </FONT></B><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">S</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">ILVA</FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">, Brazilian, married, businessman, identity card (IFP/RJ) 04.625.996-6, enrolled in the individual roll of taxpayers (CPF/MF) under no. 016.792.777-90, and </FONT><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">A</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">LEXANDRE </FONT></B><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">G</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">ON&#199;ALVES </FONT></B><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">S</FONT></B><B><FONT size=2 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">ILVA</FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">, Brazilian, judicially separated, engineer, enrolled in the individual roll of taxpayers (CPF/MF) under no. 022.153.817-87, all of them domiciled in the city and state of S&#227;o Paulo at Av. Brig. Faria Lima, 3400, 20&#186; andar, and all of whom with a term of office until the 2012 Annual General Meeting.Thus, the Company&#8217;s Board of Directors comprises Messrs. Antonio Francisco dos Santos, Benjamin Steinbruch, Jacks Rabinovich, Fernando Perrone, Yoshiaki Nakano, Gilberto Say&#227;o da Silva and Alexandre Gon&#231;alves Silva, all of whom with a term of office until the 2012 Annual General Meeting.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">6.7 </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Approval, by the majority of attending shareholders, of the Management&#8217;s total annual compensation at a maximum of R$65,917,105.00, being the abstentions filed at the Company&#8217;s headquarters.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">7. Closure: </FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">There being no further business to be discussed, the meeting was adjourned for the time necessary to draw up these Minutes. The meeting was resumed and these minutes were read, found in compliance and signed by the Chairman and Secretary and all attending shareholders.</FONT></P>

<P style="TEXT-ALIGN: left"><B><FONT size=3 face="TimesNewRomanPS-BoldMT,Times New Roman,Times,serif">8. Documents Filed</FONT></B><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">: The Annual Shareholders&#8217; Meeting Call Notice, the Management Report, the Financial Statements and the Independent Public Accountants&#8217; Report, the Management Proposal, as well as the approved Capital Budget are filed at the Company&#8217;s headquarters.</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Rio de Janeiro, April 29, 2011.</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">This is a free translation of the original minutes, drawn up in the proper book.</FONT></P>

<P style="TEXT-ALIGN: left"><FONT size=3 face="TimesNewRomanPSMT,Times New Roman,Times,serif">Claudia Maria Sarti Secretary</FONT></P>

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<DIV style="TEXT-INDENT: 4%"><FONT color=#000000 size=3 face="Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. </FONT></DIV>

<DIV style="TEXT-INDENT: 4%"><FONT color=#000000 size=3 face="Times New Roman">Date:&nbsp;May 12, 2011</FONT></DIV>

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   <DIV align=center><FONT color=#000000 size=2 face="Times New Roman">/<SMALL>S</SMALL>/&nbsp;Benjamin Steinbruch </FONT></DIV>

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   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman"><B>Benjamin Steinbruch </B></FONT></DIV>

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   <DIV align=center><FONT color=#000000 size=2 face="Times New Roman">/<SMALL>S</SMALL>/&nbsp;Paulo Penido Pinto Marques </FONT></DIV>

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   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman"><B>Paulo Penido Pinto Marques </B></FONT></DIV>

   <DIV align=left><FONT color=#000000 size=2 face="Times New Roman"><B>Chief Financial Officer and Investor Relations Officer<BR><BR></B></FONT></DIV></TD></TR></TABLE></DIV>

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<DIV align=center><FONT color=#000000 size=3 face="Times New Roman"><B>FORWARD-LOOKING STATEMENTS </B></FONT></DIV>

<P align=justify><FONT size=2 face="Times New Roman, Times, Serif">This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations. </FONT></P>

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