MAANSHAN IRON & STEEL CO.,LTD (600808)

RMB 4 Bln Medium-term Notes Issue Approved

At the 2nd Meeting of the 6th Board of Directors, held on 14 Oct 2008, the following proposals were examined and approved:

1. the 3Q 2008 Report
2. the revised Management Measures for Information Disclosure
3. to issue up to RMB 4 bln worth of medium-term notes via the inter-bank bonds market

Board of Directors
15 Oct 2008


Source: Shanghai Stock Exchange

Date: 15 Oct 2008

CN01/RP/JL/BT/KM


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