Net Income of R$ 2.9 Billion, Sales Volume of 5.4 Million Tonnes, Net Revenue of...

Net Income of R$ 2.9 Billion, Sales Volume of 5.4 Million Tonnes, Net Revenue
of R$ 11.4 Billion and EBITDA of R$ 4.9 Billion are All New Records for CSN

SAO PAULO, Brazil, March 10 /PRNewswire-FirstCall/ -- Companhia
Siderurgica Nacional CSN (BOVESPA: CSNA3) (NYSE: SID) today its results for
the 4Q07,
-- CSN posted a net income of R$ 2.9 billion in 2007, a new annual record
and 150% more than in 2006.

-- Annual steel product sales volume stood at 5.4 million tonnes, 23%
more than in 2006 and also Company record. In the 4Q07 alone, sales
volume totaled 1.4 million tonnes, 18% up year-on-year.

-- Net revenue reached an impressive R$ 11.4 billion in 2007, 27% more
than in 2006 and yet another record.

-- Annual EBITDA stood at R$ 4.9 billion, 54% up on the year before 2006.
Once again, this was CSN's highest ever EBITDA figure.

-- CSN's shares recorded annual appreciation of 157%, the highest upside
of all the companies making up the Ibovespa Index. Its ADRs recorded
an even more substantial upturn of 216%, the highest figure among all
the Latin American firms traded on the NYSE.

-- Annual crude steel production totaled more than 5.3 million tonnes,
52% up on 2006.

-- In 2007, the Company and its subsidiary NAMISA produced and acquired
from third parties more than 21 million tonnes of iron ore. Iron ore
sales totaled 10.5 million tonnes in Brazil and abroad (in addition to
the 7.1 million tonnes consumed internally by the Presidente Vargas
Steelworks).

-- The net debt/EBITDA ratio, based on EBITDA in the last 12 months,
continued to decline, falling from 1.74x in December 2006, to 0.99x at
the close of 2007. In monetary terms, the net debt fell by 28%, from
R$ 6.7 billion to R$ 4.8 billion.

CONTACT:
Gustavo Morozini
55 11 35293551
gusmorozini@gmail.com

SOURCE Companhia Siderurgica Nacional

Gustavo Morozini of Companhia Siderurgica Nacional, +55-11-35293551,
gusmorozini@gmail.com