Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.  

MINUTES OF THE EXTRAORDINARY BOARD OF DIRECTORS’ MEETING OF COMPANHIA SIDERÚRGICA NACIONAL HELD ON MARCH 1, 2016, DRAWN UP IN SUMMARY FORMAT.

Company Registry (NIRE): 35300396090

Corporate Taxpayer’s ID (CNPJ): 33.042.730/0001-04

1.         Date:              March 1, 2016.

2.         Time:              9:30 a.m.

3.         Venue:            Av. Brigadeiro Faria Lima, 3400 – 20° andar.

4.         Attendance:   Benjamin Steinbruch, Antonio Francisco dos Santos, Yoshiaki Nakano, Fernando Perrone, Antonio Bernardo Vieira Maia, Léo Steinbruch and Luis Felix Cardamone Neto – Board members and Claudia Maria Sarti – General Secretary to the Board of Directors, with the meeting being held via conference call.

5.         Agenda: 5.1 – Resignation of Executive Officer; 5.2 – Appointment of the Executive Officer who will accumulate the responsibilities as Investor Relations Officer; 5.3 – General Matters.

6.         Matters Discussed: 6.1 - Resignation of Executive Officer - The Board of Directors acknowledged the resignation presented by Mr. Gustavo Henrique Santos de Sousa as a Company Executive Officer, strictly due to personal reasons, which was unanimously accepted by the attending members. The Company's appreciation for the dedication of Mr. Gustavo and his relevant services during the period he worked for the Company were registered. 6.2 – Appointment of the Executive Officer accumulating the responsibilities as Investor Relations Officer – The Board of Directors appointed Mr. Paulo Rogério Caffarelli, Brazilian, married, lawyer, bearer of identification document RG no. 33813902 - SSP/PR and inscribed in the roll of individual taxpayers (CPF/MF) under number 442.887.279-87, domiciled at Av. Brig. Faria Lima nº 3400, 20º andar, in the city and state of São Paulo, Executive Officer responsible for the corporate areas, to accumulate the responsibilities as Investor Relations Officer. As a result, the Company’s Executive Board will now be composed as follows: Benjamin Steinbruch – CEO; Enéas Garcia Diniz – Executive Officer; Luis Fernando Barbosa Martinez – Executive Officer; David Moise Salama – Executive Officer; Fábio Eduardo de Pieri Spina – Executive Officer; Paulo Rogério Caffarelli – Executive Officer accumulating the responsibilities as Investor Relations Officer. 6.3 – General Matters – There being no further business to address, the meeting was adjourned for the drawing up of these minutes, which were read, approved, and signed by all in attendance.

I hereby confirm that the resolutions transcribed here are faithful in content to the minutes filed at the Company’s headquarters.

Claudia Maria Sarti

General Secretary to the Board of Directors