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OneSteel Dividend Confirmation

OneSteel Limited (OST) announced a final unfranked dividend of 6.0 cents per ordinary share on 17 August 2010. The Record date for the final dividend is 10 September 2010 with ex-dividend trading commencing on 6 September 2010. The final dividend is expected to be paid on 14 October 2010. The Dividend Reinvestment Plan (DRP) is in operation. No discount applies to the DRP. The amount of Conduit Foreign Income is $0.027 per ordinary share.