Gerdau S.A. Announces 2009 Consolidated Information

SAO PAULO, Feb. 25 /PRNewswire-FirstCall/ -- Gerdau S.A. today announced its 2009 consolidated information.

Fourth Quarter 2009 Highlights:

Shipments reached 3.7 million tonnes in the 4th quarter of 2009, 5% lower than in the 3rd quarter of 2009, due to lower shipment in the North America Business Operation. In the same period, the Brazil Business Operation shipments grew by 6% in the domestic market, reaching 1.1 million tonnes, due to growing demand in the construction and industry segments.

Net Revenue reached R$ 6.4 billion in the 4th quarter of 2009, 7% lower than in the previous quarter, owing to lower shipments in the quarter.

4th quarter of 2009 EBITDA reached R$ 1.2 billion, 9% lower than the previous quarter. The EBITDA margin reached 19.6% in the 4th quarter, the same level as the previous quarter.

Net Income was R$ 643 million in the 4th quarter of 2009, in line with the previous quarter.

Investments in fixed assets totaled R$ 276 million in the 4th quarter of 2009.

Net Debt was R$ 9.7 billion in December of 2009, a reduction of R$ 1 billion when compared to September 2009 and R$ 8 billion in the full year, due to amortizations in the period.

On November 23, 2009, the Company approved a payment of dividend, in the form of interest on capital, of R$ 255.7 million, for Gerdau S.A. shareholders and R$ 105.7 million for Metalurgica Gerdau S.A. shareholders, based on the results of the 4th quarter of 2009. The payment will be on March 12, 2010.

Additional Information

Gerdau S.A. informs that it has filed today its 4th quarter 2009 results with the Securities and Exchange Commission (SEC) and at the Comissao de Valores Mobiliarios (CVM) and is available at Gerdau's website. To access this document, please visit: http://www.gerdau.com/investidores/informacoes- financeiras-informacoes-relevantes.aspx?language=en-US (due to the length of the URL it may be necessary to copy and paste it into your browser or instead visit http://tinyurl.com/Gerdau4Q09Filing)

The 4th quarter of 2009 Valuation Guide is also available at Gerdau's site http://www.gerdau.com/investidores/informacoes-operacionais.aspx?language=en- US (due to the length of the URL it may be necessary to copy and paste it into your browser or instead visit http://tinyurl.com/Gerdau4Q09ValuationGuide)

SOURCE Gerdau S.A.