Arrium Ltd.

Mining and materials group, OneSteel Limited (ASX:OST) today announced that it will holdan Extraordinary General Meeting (EGM) to change the name of the company to ArriumLimited.

Today's announcement follows comments in February that the Board had decided it wasappropriate to assess the benefits of re-naming the company to reflect the significant changein the nature of its business over recent years. OneSteel is now a mining, miningconsumables and steel business with an increasingly global orientation, rather than adomestic focused steel company.

The EGM will be held on 8 May 2012 at the Four Seasons Hotel, Ballroom 1, 199 GeorgeStreet Sydney commencing at 10.00am. Should the resolution to change the companyname be approved at the EGM, it will be effective from Monday 2 July 2012.