Siderúrgica Venezolana "Sivensa", S.A. Stock

Siderurgica Venezolana Sivensa SA (Sivensa) is a Venezuela-based company engaged in the production and marketing of metallurgical products for the construction and infrastructure industries. As of September 30, 2011, the Company held a 100% stake in Siderurgica del Turbio SA and a 68.54% stake in International Briquettes Holding (IBH), which consolidates companies engaged in the sale of various types of products for industrial sectors, including machinery, industrial parts, raw materials, and intermediate and finished products. On February 5, 2010 the Venezuelan Government took over Sivensa's subsidiaries Venprecar CA and Orinoco Iron SCS, and on February 8, 2011 the Venezuelan Government declared the property condemnation of all Sociedad Mercantil Siderurgica del Turbio SA's property and real estates.