Share Price

To improve comparability, and consistent with market practice, actual share prices have been adjusted to reflect the 1 for 6 consolidation of December 2012 and the deemed 'bonus component' of the BlueScope Steel Entitlement Offers of 2009 and 2011 (An adjustment factor of 0.8470 has been applied to share prices prior to 22 November 2011 in respect of the 2011 Entitlement Offer, and a further adjustment factor of 0.8016 has been applied to share prices prior to 7 May 2009 in respect of the 2009 Entitlement Offer.).