SSTEEL-RENOUNCEABLE RIGHTS ISSUE OF UP TO RM209,708,604 NOMINAL VALUE OF FIVE (5)-YEAR 5% REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS AT 100% OF ITS NOMINAL VALUE (RCULS 2015/2020) ON THE BASIS OF RM1.00 NOMINAL VALUE OF RCULS FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN SSTEEL AS AT 5.00 P.M. ON 19 DECEMBER 2014 )(RIGHTS ISSUE OF RCULS)

LISTING'S CIRCULAR NO. L/Q : 72383 OF 2015

Kindly be advised that SSTEELs RM185,741,250 RCULS 2015/2020 issued pursuant to the Rights Issue of RCULS will be admitted to the Official List of Bursa Malaysia Securities Berhad (Bursa Securities) and the listing and quotation of the RCULS on the Main Market of Bursa Securities under the Industrial Products sector will be granted with effect from 9.00 a.m., Friday, 30 January 2015.

The Stock Short Name, Stock Number and ISIN Code of the RCULS are SSTEEL-LB, 5665LB and MYL5665LBU18 respectively.