Notice Concerning Shelf Registration for Issuance of Stock Acquisition Rights

Sumitomo Metal Industries, Ltd. (Sumitomo Metals) decided at a meeting of the Board of Directors held on March 31, 2010 to file another shelf registration for issuance of stock acquisition rights. Accordingly, the notice regarding this matter is provided below.

Sumitomo Metals may take the issuance of stock acquisition rights as one of countermeasures in the cases where a large-scale purchaser does not comply with the Policy toward Large-scale Purchases of Sumitomo Metals Shares, so-called "Anti-takeover Defense Plan." The plan was decided by the meeting of the Board of Directors held on March 31, 2009 and was approved by the 86th ordinary general shareholders' meeting held on June 19, 2009. As the scheduled issuance period for the current shelf registration will expire on April 13, 2010, Sumitomo metals is filing another shelf registration for issuance of stock acquisition rights.

For details regarding the "Anti-takeover Defense Plan," please refer to the news release entitled "Sumitomo Metals Announces the Continuation of Policy Toward Large-scale Purchases of Sumitomo Metals Shares (Anti-takeover Defense Plan)," issued on March 31, 2009 and available on Sumitomo Metals' website: