Keeping shareholders informed

The aim of BlueScope Steel's communication arrangements is to provide shareholders with information about their Company and enable them to exercise their rights as shareholders in an informed manner. BlueScope Steel also recognises that people other than shareholders, may have an interest in information about the Company.

BlueScope Steel has developed and maintains effective systems, controls and procedures to ensure that information disclosed externally is reliable and timely.

Electronic communication

The BlueScope Steel website (www.bluescope.com) is an important part of the Company's communication arrangements. BlueScope Steel includes on its website a range of information relevant to shareholders and others concerning the operation of the Company. In the section marked "Investors", BlueScope Steel promptly makes available:

• copies of all announcements given to ASX;
• copies of all investor presentations made to analysts;
• copies of annual and half-year financial reports; and
• information related to Annual General Meetings, including the Notice of Meeting, Chairman's address and voting results.

Webcasts of the Company's Annual General Meetings (since 2003), are also available on the website.

The BlueScope Steel website also offers shareholders and others interested in the Company the opportunity to register to receive the latest BlueScope Steel reports and news by email.

Information for General Meetings

BlueScope Steel aims to provide shareholders with all relevant and necessary information regarding items that will be voted on by shareholders in a clear and concise format, and in a timely manner.

Other information

In certain circumstances, where shareholders may have particular questions on specific matters, BlueScope Steel will endeavour to make additional information available. In such cases, the Company may provide telephone help lines and additional e-mail services for frequently asked questions to assist shareholders in exercising their rights as owners of BlueScope Steel.