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News Release

JFE Steel Corporation

JFE Steel and Rasselstein Reach Technical Cooperation Agreement

TOKYO – JFE Steel Corporation and Rasselstein GmbH in Andernach, a subsidiary of ThyssenKrupp Steel AG and Germany’s sole manufacturer of tinplate, have signed a Cooperation Agreement regarding steel used for cans and other packaging.

Alliance partners JFE Steel and Rasselstein will pursue the common goal of favorably positioning steel as a competitive packaging material in the highly diversified global market for applied materials, now and into the future.

Through this agreement, which includes exchange of leading-edge technical information and joint research, development and application of innovative technologies in the field of steel for cans and other packaging, the two companies seek to deepen their existing technical exchange and expand their cooperation in the areas of manufacturing processes and materials development.

Outline of Rasselstein GmbH:

Subsidiary of ThyssenKrupp Steel AG

Headquarters: Andernach, Germany
Production: 1.5 million tons (FY 2007/2008)
Sales: 1,229 million euro (FY 2007/2008)

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