Sims Metal Management Announces European Management Changes

Sims Metal Management Announces European Management Changes

NEW YORK and SYDNEY, Australia, March 19, 2013 (GLOBE NEWSWIRE) -- (NYSE:SMS)
(ASX:SGM): Effective immediately Graham Davy, CEO Europe and Global Sims
Recycling Solutions (SRS), is no longer employed by the Company. Amongst other
management changes, Hans-Otto Hagemann has been appointed acting Managing
Director SRS Continental Europe and SRS UK.

Cautionary Statements Regarding Forward-Looking Information

This release may contain forward-looking statements, including statements
about Sims Metal Management's financial condition, results of operations,
earnings outlook and prospects. Forward-looking statements are typically
identified by words such as "plan," "believe," "expect," "anticipate,"
"intend," "outlook," "estimate," "forecast," "project" and other similar words
and expressions.

These forward-looking statements involve certain risks and uncertainties. Our
ability to predict results or the actual effects of our plans and strategies
is subject to inherent uncertainty. Factors that may cause actual results or
earnings to differ materially from these forward-looking statements include
those discussed and identified in filings we make with the Australian
Securities Exchange and the United States Securities and Exchange Commission
("SEC"), including the risk factors described in the Company's Annual Report
on Form 20-F, which we filed with the SEC on 12 October 2012.

Because these forward-looking statements are subject to assumptions and
uncertainties, actual results may differ materially from those expressed or
implied by these forward-looking statements. You are cautioned not to place
undue reliance on these statements, which speak only as of the date of this

All subsequent written and oral forward-looking statements concerning the
matters addressed in this release and attributable to us or any person acting
on our behalf are expressly qualified in their entirety by the cautionary
statements contained or referred to in this release. Except to the extent
required by applicable law or regulation, we undertake no obligation to update
these forward-looking statements to reflect events or circumstances after the
date of this release.

All references to currencies, unless otherwise stated, reflect measures in
Australian dollars.

About Sims Metal Management

Sims Metal Management is the world's largest listed metal recycler with
approximately 270 facilities and 6,600 employees globally. Sims' core
businesses are metal recycling and electronics recycling. Sims Metal
Management generated approximately 88% of its revenue from operations in North
America, the United Kingdom, Continental Europe, New Zealand and Asia in
Fiscal 2012. The Company's ordinary shares are listed on the Australian
Securities Exchange (ASX:SGM) and its ADRs are listed on the New York Stock
Exchange (NYSE:SMS). Please visit our website ( for more
information on the Company and recent developments.

The Sims Metal Management logo is available at

CONTACT: Investor inquiries contact
         Todd Scott
         Group Vice President - Investor Relations
         Tel: +61 4 0960 0352
         Media inquiries contact
         Daniel Strechay
         Group Director - Communications & Public Relations
         Tel: +1 212 500 7430

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