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.
Yes _______ No ___X____NOTICE TO THE MARKET
COMPANHIA SIDERÚRGICA NACIONAL
Publicly-held Company
Rua São José nº 20, Grupo 1602, parte
Rio de Janeiro/RJ
Corporate Taxpayers’ ID (CNPJ) 33.042.730/0001-04
COMPANHIA SIDERURGICA NACIONAL (“CSN”) (BOVESPA: CSNA3; NYSE: SID), as a complement to the Notice to the Market released on April 24, 2009, and in the scope of the agreement entered into by CSN and Vale S.A. (“Vale”) for the purpose of terminating all pending matters between the two companies (“Agreement”), informs its shareholders and the market that the Mutual Release Agreement, related to Crossed Shareholdings Obligations and the Casa de Pedra Contract (“Shareholders’ Ratification”) was singed by CSN, Vicunha Siderurgia S.A., Textília S.A. and the controlling shareholders of Vale, namely Previ, Litel and Bradespar.
With the Shareholders’ Ratification, the resolutory condition set forth in the Agreement has been excluded, making the Agreement between CSN and Vale definite, with (i) the effective renounce of the rights on which the law suits between CSN and Vale are based, which have been suspended since April 24, 2009, and (ii) the confirmation of new terms and conditions that will rule the commercial relations between the parties, as mentioned in the Notice to the Market dated April 24, 2009.
Rio de Janeiro, May 26, 2009
Paulo Penido Pinto Marques
Investor Relations Executive Office
COMPANHIA SIDERÚRGICA NACIONAL |
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By: |
/S/ Benjamin Steinbruch
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Benjamin Steinbruch
Chief Executive Officer |
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By: |
/S/ Paulo Penido Pinto Marques
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Paulo Penido Pinto Marques
Chief Financial Officer and Investor Relations Officer |
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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.