Resolutions adopted at SSAB's 2010 Annual General Meeting

Resolutions adopted at SSAB's 2010 Annual General Meeting 

The Annual General Meeting of SSAB took place today, March 26, 2010, in
Stockholm.      

Dividend
The Annual General Meeting approved a dividend of SEK 1.00 per share, with the
record date being March 31, 2010. Payment from Euroclear Sweden AB is expected
to take place on April 7, 2010. 

Discharge from liability 
The meeting granted the directors and CEO discharge from liability for the 2009
financial year.                

Board fees 
The Annual General Meeting resolved that fees to the Board would be unchanged,
i.e. 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 for committee work
is also unchanged and thus will be paid in the amount of SEK 75,000, with the
exception of the position as chairman of the Audit Committee, in respect of
which compensation of SEK 100,000 will be paid. Auditor fees will be paid in
accordance with approved invoice.                                               
  

Directors                
It was resolved that the Board would comprise nine directors. All directors were
re-elected, namely Carl Bennet, Anders G Carlberg, Olof Faxander, Sverker
Martin-Löf, Marianne Nivert, Anders Nyrén, Matti Sundberg, John Tulloch and Lars
Westerberg. 
Sverker Martin-Löf was re-elected Chairman of the Board.        

By-laws         
It was resolved to amend the by-laws in accordance with the Board's proposal set
forth in the notice to attend the meeting. The amendments to the bylaws are
primarily intended to better adapt the bylaws to the current Swedish Companies
Act. 
The full wording of the amendments is available on the Company's website. 


Guidelines for determination of salary and other compensation for the CEO and
other senior executives
A resolution was adopted regarding guidelines for determination of salary and
other compensation for the CEO and other senior executives in accordance with
the Board's proposal set forth in the notice to attend the meeting. 
 
The full wording of the guidelines is available on the Company's website. 

The information is such as SSAB is obliged to make public pursuant to the
Securities Markets Act. The information was provided for publication on March
26, 2010 at 1530 o'clock.

For further information, please contact: 
Helena Stålnert, Executive VP Communications, phone: +46 8 45 45 734
Catarina Ihre, Director, 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 8 700 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.