Notice to attend the Extraordinary General Meeting of SSAB

Notice to attend the Extraordinary General Meeting of SSAB  

The shareholders of SSAB Svenskt Stål Aktiebolag (publ) are hereby given notice
to attend an Extraordinary General Meeting to be held at Nalen, Harlem room,
Regeringsgatan 74, in Stockholm, on Wednesday, 22 October 2008 at 10 am.


Notice
To be entitled to participate at the General Meeting, shareholders must be
included in the printout of the share register conducted by VPC AB on Thursday,
October 16, 2008; and must have given notice of their intention to participate
at the General Meeting not later than 12 noon on Friday, October 17, 2008.

Notice in respect of participation at the General Meeting may be given via the
company's website, www.ssab.se, or by telephone on +46 8-45 45 760.

The name, personal identification number (company registration number), address
and telephone number of the shareholder must be provided in the notice.

Nominee-registered shares
Shareholders whose shares are registered in the name of a nominee must
temporarily re-register the shares in their own names in order to be entitled to
participate at the General Meeting.  Such registration must be effected at VPC
AB not later than Thursday, October 16, 2008.  The nominee should be contacted
in due time prior to the aforementioned date.

Proxies
Powers of attorney in original and, as regards legal entities, certificates of
registration, should be submitted in due time prior to the General Meeting to:
SSAB Svenskt Stål AB, Extraordinary General Meeting, Box 70, 101 21 Stockholm.
The company provides proxy forms for shareholders wishing to be represented by a
proxy.  The form is available on the company's website, www.ssab.se, and will be
sent to those shareholders who so request and state their mailing address. 
Orders may be placed by telephone on +46 8-45 45 760.

Admission cards
Admission cards entitling the holder to participate at the General Meeting will
be distributed prior to the General Meeting to those shareholders who have
submitted applications.  It is anticipated that shareholders will receive
admission cards not later than Tuesday, October 21, 2008.  Any shareholder who
has not received an admission card prior to the General Meeting will be able to
obtain an admission card from the information desk upon presentation of
identification.

Agenda
  1.	Election of a Chairman of the meeting
  2.	Preparation and approval of the voting register
  3.	Approval of the agenda proposed by the Board of Directors
  4.	Election of one or two persons to attest the minutes of the meeting
  5.	Determination of whether the meeting has been duly convened
  6.	The Board of Directors' proposed resolution regarding authorization for the
Board 
	to decide on buybacks of the company's shares
  7.	Closure of the meeting

Proposed resolution
Item 6 - Authorization for the Board to decide on buybacks of the company's
shares
The Board of Directors' proposal entails that the General Meeting shall
authorize the Board, on one or more occasions prior to the 2009 Annual General
Meeting, to decide on buybacks of not more than such a number of the company's
shares that the company's holding from time to time does not exceed 10% of all
shares in the company.  Buybacks will take place on the OMX Nordic Exchange
Stockholm at a price within the spread between the highest bid price and the
lowest ask price registered from time to time.  It is further proposed that the
Board of Directors be entitled to decide on other terms and conditions for the
buyback.

The background is that following the sale of the tubular business in North
America and due to the strong operating cash flow since the acquisition of
IPSCO, the company's balance sheet has been restored to a strong level and the
proposal is aimed at providing the Board of Directors with an instrument, until
the 2009 Annual General Meeting, to be able to adjust the capital structure in
line with the Group's financial targets.

The Board of Directors proposes that the General Meeting authorize the Chairman
of the Board to effect such adjustments to the resolution as may prove to be
necessary in connection with implementation of the resolution.

The Board of Directors intends to propose to the 2009 Annual General Meeting
that it adopt a resolution regarding cancellation of the shares held in treasury
through a reduction of the company's share capital without repayment to the
shareholders.

The company currently holds no shares in treasury.

Majority requirement
In order to be valid, a resolution of the General Meeting in accordance with
item 6 above must be supported by shareholders with not less than two thirds of
the votes cast and the shares represented at the General Meeting.

_____________

Documents
The Board of Directors' complete proposed resolution under item 6 as well as the
Board's reasoned statement regarding the proposal, a report by the Board
regarding events of material significance for the company's financial position,
the auditor's statement with respect to the report, as well as a copy of the
2007 annual report and a copy of the auditor's report for 2007 will be available
at the company's offices on Klarabergsviadukten 70 D6, Stockholm, and on the
company's website, www.ssab.se commencing Wednesday, October 8, 2008 and will be
sent to those shareholders who so request and provide their mailing address. 
Orders may be placed by telephone on +46 8-45 45 760.

Number of shares and votes
In the company, there are 240,765,832 Class A shares, each with one vote per
share, and  83,168,943 Class B shares, each with 1/10 vote per share, entailing
that in total there are 323,934,775 shares and 249,082,726.3 votes in the
company.

Stockholm, September 2008
SSAB Svenskt Stål AB (publ)
The Board of Directors

Registration will commence at 9.00 am, at which time coffee and sandwiches will
also be served.  Available parking is limited.  Metro: Hötorget or
Östermalmstorg stations.

Welcome.