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____
EXTRACT FROM THE MINUTES OF THE EXTRAORDINARY BOARD OF
DIRECTORS MEETING OF COMPANHIA SIDERÚRGICA NACIONAL, HELD
ON JANUARY 5, 2010, DRAWN UP IN SUMMARY FORMAT.
Companies Registry (NIRE): 33300011595
Corporate Taxpayers’ ID (CNPJ) 33.042.730/0001 -04
1. Date: January 5, 2010.
2. Time: 3:00 p.m.
3. Venue: Av. Brig. Faria Lima, 3400, 20º andar, in the city and state of São Paulo
4. Attendance: Benjamin Steinbruch (Chairman), Jacks Rabinovich, Antonio Francisco dos Santos, Fernando Perrone, Dionísio Dias Carneiro Netto, Gilberto Sayão da Silva and Yoshiaki Nakano - Board Members; Claudia Maria Sarti - Secretary of the Meeting. This meeting was held through conference call.
5. Agenda: - The Board of Directors (the “Board”) approved, by unanimous vote of attending members and in compliance with the provisions of Article 17, item XXX of the Company’s Bylaws, the acquisition by the Company of a minority interest in the capital stock of Panatlântica S.A. (“Panatlântica”), a publicly-held company with articles of incorporation filed with the Commercial Registry of the state of Rio Grande do Sul under number (NIRE) 43.3.0000227 -6 and holder of Corporate Taxpayers’ ID (CNPJ/MF) 92.693.019/0001 -89, whose object is the industrialization, commercialization, import, export and processing of steel and metals. Said interest is held by LP Aços Comércio e Participações Ltda, holder of Corporate Taxpayers’ ID (CNPJ/MF) 00.585.177/0001 -05 (“LP Aços”). Aforementioned acquisition will comprise (i) the acquisition of 802,069 (eight hundred and two thousand and sixty nine) common shares, representing 9.3963% of Panatlântica’s capital stock, and (ii) the negotiation, signing and/or formalization of any document, contract, agreement or instruments related to this transaction, at the discretion of the Company’s Board of Executive Officers. Immediately thereafter, the Board empowered the Executive Officers of CSN and Mr. Fernando Quintana Merino to perform all acts necessaries to the implementation of the aforesaid acquisition.
This is a free English translation of the original minutes filed at the Company’s Headquarters.
COMPANHIA SIDERÚRGICA NACIONAL
Claudia Maria Sarti
Secretary of the Meeting
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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