OREANDA-NEWS. NS Solutions Corporation (hereinafter referred to as "NSSOL"), a subsidiary of Nippon Steel & Sumitomo Metal Corporation (hereinafter referred to as the "Company"), conducted a tender offer to repurchase a portion of its shares (hereinafter referred to as the "Tender Offer") from December 4, 2014 through January 8, 2015.

As a result of the Tender Offer, 6,493,500 shares of NSSOL common stock tendered by the Company will be repurchased by NSSOL.

The sale by the Company of a part of the NSSOL shares in its possession under the Tender Offer does not and will not have material impact on the Company's consolidated results of operations.