Usiminas Belo Horizonte

Rua Prof. Jos Vieira de Mendona, 3011

31310-260 Belo Horizonte MG
T 55 31 3499-8000
F 55 31 3499-8899
www.usiminas.com

(Free Translation: For reference only Original in Portuguese)

USINAS SIDERRGICAS DE MINAS GERAIS S.A. USIMINAS

CNPJ 60.894.730/0001-05
NIRE 313.000.1360-0
Publicly Traded Company
CALL NOTICE
EXTRAORDINARY SHAREHOLDERS MEETING
The Shareholders are hereby called to meet on July 19th, 2016, at first call, in
Extraordinary Shareholders Meeting (Meeting), at 1PM, at the Companys
headquarters, located at Rua Professor Jos Vieira de Mendona, 3.011, Engenho
Nogueira, Belo Horizonte/MG, in order to deliberate on the following Agenda:
1 Homologation of the capital increase approved at the Extraordinary
Shareholders Meeting on April 18th, 2016, in the total amount of R$1,000,000,000.00,
through the consequent issuance of 200,000,000 common shares, identical to the
shares of this type that already exist, all registered and with no par value, at the
issuance price of R$5.00 per share;
2 Amending of the Heading of Article 5 of the Company Bylaws, regarding the
capital stock value and the quantity of shares in which it is divided, as per (i) the capital
increase referred on item 1 of the Agenda; and (ii) the capital increase carried out
within the authorized capital limits, approved by the Board of Directors on March 11th,
2016 and partially homologated on June 3rd, 2016, with the issuance and subscription
of 39,292,918 class A preferred shares, identical to the shares of this type that
already exist, at the issuance price of R$ 1.28 per share, totaling R$ 50,294,935.04;
and
3 Amending of the 1 of Article 5 of the Company Bylaws, in order to reflect
the deduction, in the amount of shares corresponding to the authorized capital of the
Company, of the 39,292,918 class A preferred shares effectively issued in the capital
increase approved by the Board of Directors on March 11th, 2016 and partially
homologated on June 3rd, 2016.
The Company clarifies that, in order to expedite the proceedings for the conclusion of
the capital increase, considering its importance to the Company, this Call Notice is

Usiminas Belo Horizonte

Rua Prof. Jos Vieira de Mendona, 3011
31310-260 Belo Horizonte MG
T 55 31 3499-8000
F 55 31 3499-8899
www.usiminas.com

(Free Translation: For reference only Original in Portuguese)

being released before the end of the period for the subscription of the leftover shares
by those shareholders who expressed their interest during the period of the exercise of
preemptive rights. In any case, as the possibility of partial homologation of such capital
increase was not provided, the Extraordinary Shareholders Meeting will only deliberate
on items 1 and 2 (i) of the Agenda if, until the date of such meeting, the Company has
received the confirmation of the effective subscription of the totality of the new common
shares issued as per the capital increase approved at the Extraordinary Shareholders
Meeting on April 18th, 2016.
To shareholders who are represented by an attorney in fact, we request the
presentation of the instrument of Power of Attorney within 48 (forty eight) hours prior to
the Meeting, in order to prove the legitimacy of the representation.
The shareholders attending the meeting shall prove its quality pursuant to article 126 of
the Brazilian Corporate Law (No 6.404/76).
The documents related to the Agenda, including the Managements Proposal and the
information required by article 11 of the CVM Instruction No 481/2009, are at the
shareholders disposal at the Companys headquarters and in the websites of CVM
(www.cvm.gov.br), BM&FBOVESPA (www.bmfbovespa.com.br) and the Company
(www.usiminas.com).
Belo Horizonte, June 16th, 2016.
Elias de Matos Brito
Chairman of the Board of Directors