Resolutions adopted at SSAB`s 2009 Annual General Meeting

The Annual General Meeting (AGM) was held today, March 31, 2009, in Oxelösund.

Dividend
The AGM resolved that a dividend be paid in the amount of SEK 4.00 per share,
with, April 3, 2009 as the record date. Payment from Euroclear Sweden AB
(formerly VPC AB) is expected to take place on April 8, 2009.

Discharge from liability
The AGM granted the directors and the President discharge from liability for the
2008 financial year.

Board fees
The AGM resolved that Board fees be paid in the amount of SEK 1,200,000 to the
Chairman of the Board and SEK 400,000 to each director who is not employed in
the Group. Compensation to directors in respect of committee work shall be paid
in the amount of SEK 75,000 each, with the exception of the position of Chairman
of the Audit Committee, for which payment shall be made in the amount of SEK
100,000. Fees shall paid to the auditor in accordance with approved invoices.

Board members
The AGM resolved that there be nine directors. Re-election of the directors Carl
Bennet, Anders G Carlberg, Olof Faxander, Sverker Martin-Löf, Marianne Nivert,
Anders Nyrén, Matti Sundberg and Lars Westerberg and John Tulloch was newly
elected.

Re-election of Sverker Martin-Löf as Chairman of the Board.

By-laws
The AGM resolved to amend Article 1 of the by-laws: “The Company's name is SSAB
AB. The Company is a public company (publ). The Company's name in English is
SSAB Corporation”.

Supplement to the guidelines for determination of salaries and other
compensation for the President and other senior executives

The AGM resolved to approve the guidelines for determination of salaries and
other compensation for the President and other senior executives in accordance
with the Board´s proposal included in the notice to attend the AGM with the
following supplement:"The variable compensation program should be structured such that the Board of
Directors has the possibility, should exceptional economic circumstances
prevail, to restrict the payment of variable compensation, or to decline to make
such payment, where such a measure is deemed reasonable and compatible with the
Company's responsibilities to its shareholders, employees and other
stakeholders."

The complete guidelines are available on the Company´s website.
This information is such that SSAB must disclose in accordance with the
Securities Markets Act. The information was submitted for publication on March
31, 2009 at 3.30 pm.

For further information, please contact:
Helena Stålnert, Exec. V.P. Communications Phone: +46-8-45 45 734
Catarina Ihre, Investor Relations Phone: +46-8-45 45 729

SSAB is a global leader in value added, high strength steel. SSAB offers
products developed in close cooperation with its customers to reach a stronger,
lighter and more sustainable world. SSAB employs 9200 people in over 45
countries around the world and operates production facilities in Sweden and the
US. SSAB is listed on the NASDAQ OMX Nordic Exchange, Stockholm.

Resolutions adopted at SSAB`s 2009 Annual General Meeting

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