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Important Information for BSL shareholders
11 Dec 2012

On Thursday, 14 November 2012, Bluescope Steel Limited (BSL) announced that it received approval to undertake a consolidation of its shares. The consolidation will involve the conversion of every 6 fully paid ordinary shares on issue into 1 fully paid ordinary share in the Company. The Company will round up the entitlement to the next whole number of shares.

BSL shares commenced trading (on a deferred settlement basis) under the code BSLDA on Friday, 7th December 2012, and normal T + 3 trading will resume (ASX Code: BSL) on Friday, 21st December 2012.

Please note that during the deferred trading period, BSL will reflect as zero value on your CommSec portfolio/watchlist. From 14th December 2012, shareholders will see BSLDA (BSL holdings divided by 6) as available until the code changes back to BSL on 21st December 2012.

All trades conducted during the deferred settlement period will be settled on Friday, 28th December 2012. For further information regarding the consolidation, please refer to the 2012 Notice of Annual General Meeting which is available on the Company’s website at http://www.bluescopesteel.com/investors/annual-general-meeting or contact Link Market Services on 1300 855 998 or +61 2 8280 7760 (from outside Australia).

Clients holding BSL: If you are unable to sell your holdings in BSL online during the deferred settlement trading period, please call CommSec on 13 15 19 (Monday to Friday, 8:00am to 8:00pm Sydney time) and a Client Service Officer will be able to further assist.

Clients Holding BSLDA: If you have bought BSLDA during the Deferred Settlement trading period, or currently hold BSLDA you may place sell orders online as per usual.

No responsibility, or liability, is accepted by CommSec and its related entities for any inaccuracies contained in this notice.


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