September 22nd,2011

Laiwu Steel Corporation,

We have received your Application for Modification of Product Nameplate of Rebar of Laiwu Steel Corporation. In accordance with relevant regulations, specifically rules of Shanghai Futures Exchange for Registration of Steel for Futures Delivery, your company’s hot rolled ribbed bars product nameplate comply with all specifications as prescribed of the Exchange. You are hereby notified of the following:

The new product nameplates (as provided in the Appendix) of your company are allowed to be used from September 27, 2011 and the current product nameplates will cease on the same date.

Appendix: Current and New Nameplates of Laigang Hot Rolled Ribbed Bars