Metal One Corporation

March 3, 2011

Announcement on Board of Directors for FY2011

Metal One Corporation (headquartered in Minato-ku, Tokyo; President: Naoto Matsuoka) hereby announces its new executive officers, effective from April 1, 2011.

[1] Director

A. New Director (Effective from April 1)

Name	New position	Present position
Ryoji Shinohe	Senior Executive Vice President, Director	Executive Officer

B. Resigning Director (Effective from April 1)

Name	New position	Present position
Shinichi Tateno	Executive Officer*	Chairman, Director

*Will resign on June 30

[2] Executive Officer

A. New Executive Officer (Effective from April 1)

Name	New position	Present position
Takehiro Honda	Executive Officer President, Sus-Tech Corporation	President, Sus-Tech Corporation

B. Promoted Executive Officers (Effective from April 1)

Name	New position	Present position
Ryoji Shinohe	Senior Executive Vice President	Executive Officer
Terumitsu Kiba	Senior Executive Vice President	Managing Executive Officer

C. Newly Assigned Responsibilities of Executive Officers (Effective from April 1)

Name	New position	Present position
Ryoji Shinohe	Senior Executive Vice President Senior Assistant to the President, Corporate Supervising Officer (Renewable Energy Business Development, Group Management Promotion)	Executive Officer Division COO (Wire, Specialty Steel & Stainless Steel Division); Corporate Functional Officer (Renewable Energy Business Development)
Terumitsu Kiba	Senior Executive Vice President Senior Assistant to the President (In Charge of Special Assignments), Corporate Supervising Officer (Human Resources, General Affairs, Corporate Planning)	Managing Executive Officer Supervising Officer of Global Business
Takeshi Sakasai	Executive Officer Division COO (Wire, Specialty Steel & Stainless Steel Division)	Executive Officer CIO; Corporate Functional Officer (Human Resources, General Affairs, IT, Corporate Planning, Group Management Promotion, Corporate Social Responsibility)
Tetsuya Onishi	Executive Officer Division COO (Business Division C); President, Metal One Structural Steel & Resource Corporation	Executive Officer President, Metal One Structural Steel & Resource Corporation
Kazuo Otsuki	Executive Officer CIO; Corporate Functional Officer (Internal Control & Compliance, Internal Audit, CISO, IT, Corporate Social Responsibility)	Executive Officer Corporate Functional Officer (Internal Control & Compliance, Internal Audit, CISO)

D. Resigning Executive Officers (Effective from April 1)

Name	Present position
Minori Nakamura	Managing Executive Officer Group COO; Division COO (Business Division B)
Tetsuo Suzuki	Executive Officer Division COO (Business Division C)

(Effective from June 30)

Name	Present position (Effective from April 1)
Shinichi Tateno	Executive Officer

[3] Reference

A. Executive Officers* (Effective from April 1)

Position	Name	Areas of Responsibility
President & CEO, Director	Naoto Matsuoka
Senior Executive Vice President, Director	Ryoji Shinohe	Senior Assistant to the President, Corporate Supervising Officer (Renewable Energy Business Development, Group Management Promotion)
Senior Executive Vice President	Terumitsu Kiba	Senior Assistant to the President (In Charge of Special Assignments), Corporate Supervising Officer (Human Resources, General Affairs, Corporate Planning)
Managing Executive Officer	Tomohiro Kadokura	Chief Regional Officer (North & Central America); President, Metal One Holdings America, Inc.
Managing Executive Officer	Naomi Sakaguchi	Chief Regional Officer (China)
Executive Officer	Masakazu Okamura	Chief Regional Officer (South America)
Executive Officer	Mikio Kinoshita	Division COO (Global Marketing Division)
Executive Officer	Hiromi Fujikawa	Division COO (Business Division A)
Executive Officer	Takeshi Sakasai	Division COO (Wire, Specialty Steel & Stainless Steel Division)
Executive Officer	Tetsuya Onishi	Division COO (Business Division C); President, Metal One Structural Steel & Resource Corporation
Executive Officer	Kazuo Otsuki	CIO; Corporate Functional Officer (Internal Control & Compliance, Internal Audit, CISO, IT, Corporate Social Responsibility)
Executive Officer & CFO	Akiyuki Igarashi	Corporate Functional Officer (CFO); Division COO (Corporate Administration Division)
Executive Officer	Takehiro Honda	President, Sus-Tech Corporation

*Excluding executive officers who will resign on June 30