Gerdau S.A. - Consolidated Information

                    Gerdau S.A. - Consolidated Information

2013 Highlights

PR Newswire

PORTO ALEGRE, Brazil, Feb. 21, 2014

PORTO ALEGRE, Brazil, Feb. 21, 2014 /PRNewswire/ --In 2013, with shipments of
18.5 million metric tons, consolidated net sales came to R$ 39.9 billion,
increasing 5.0% in relation to 2012, with growth in all business operations.

Consolidated EBITDA was R$ 4.8 billion, increasing 14.6% from 2012, with the
improvement in EBITDA in the year explained by the performance of the
operations in Brazil and Latin America. As a result, consolidated EBITDA
margin expanded from 11.0% in 2012 to 12.0% in 2013.

Consolidated net income for the fiscal year came to R$ 1.7 billion. Based on
this result, dividends and interest on capital stock were declared in the
amounts of R$ 476.7 million to the shareholders of Gerdau S.A. and of R$ 150.4
million to the shareholders of Metalurgica Gerdau S.A.

Investments in maintenance, technological modernization and capacity expansion
amounted to R$ 2.6 billion in 2013, with the highlight for: expansion of the
iron ore activities with the startup of a new treatment unit in Miguel Burnier
(Minas Gerais); conclusion of the installation of the rolling mill to produce
coiled hot-rolled strips in Ouro Branco (Minas Gerais); and the startup of the
special steel rolling mills in Pindamonhangaba (Sao Paulo) and in India.

Additional Information

Gerdau S.A. informs that it is filling its 2013 results at the Securities and
Exchange Commission (SEC) and at the Comissao de Valores Mobiliarios (CVM),
which are available at Gerdau's website. To access this document, please click
on http://ri.gerdau.com/enu/s-5-enu.html?idioma=enu

The 4Q13 and full year 2013 Valuation Guide is also available at Gerdau's
website:

http://gerdau.infoinvest.com.br/static/enu/guia-modelagem.asp?&idioma=enu

Investor Relations
inform@gerdau.com.br
+55 (51) 3323-2703

SOURCE Gerdau S.A.

Website: http://ri.gerdau.com
 
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