Dec 21st, 2012

Hunan Valin Steel Co., Ltd.,

We have received your Application for Modifications to Nameplates of Hot Rolled Ribbed Bars and Hot Rolled Plain Bars by Huan Valin Steel Co., Ltd. In accordance with the Registration Regulations of Steel Products for Futures Delivery of Shanghai Futures Exchange, your application for modifying the nameplates of hot rolled ribbed bars and hot rolled plain bars complies with the Exchange's rules. You are therefore notified that:

You have been granted the permission to use the new nameplates (as shown in Appendix) starting from Jan. 1st, 2013, while the old nameplates shall be abandoned at the same time.

Shanghai Futures Exchange

Appendix：the New and Old Namplates of "Shuangling" Hot Rolled Ribbed Bars and “Xianggang”Hot Rolled Plain Bars