Sims Recycling Solutions Recognizes Sims Metal Management on Being Named one of the Global 100 Most Sustainable Corporations in the World

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Sims Recycling Solutions is a business unit of Sims Metal Management, which has been recognized as one of the Global 100 Most Sustainable Corporations in the World for the fourth year running.

The Global Leader in Electronics Reuse and Recycling

Sims Recycling Solutions

The Global 100 rankings identify companies that consistently demonstrate superior leadership and performance on a range of environmental, social and governance policies relative to their industry peers.

Sims Recycling Solutions is a business unit of Sims Metal Management, which has been recognized as one of the Global 100 Most Sustainable Corporations in the World for the fourth year running. The list, compiled by sustainable business publication Corporate Knights, was announced at the 2012 World Economic Forum in Davos, Switzerland.

Sims Metal Management moved up 52 spots from last year’s Global 100 list, to number 11 in the world. The Global 100 rankings identify companies that consistently demonstrate superior leadership and performance on a range of environmental, social and governance policies relative to their industry peers. Companies on the list are considered better equipped than their competitors to thrive and succeed in the longer term due to the sustainable approach used to manage their businesses.

President, Sims Recycling Solutions, Americas, Steve Skurnac commented: “As a business unit of Sims Metal Management, we are proud to see them again being recognized for their productivity in energy, carbon, water, waste, sustainability and, most of all, safety. These key performance indicators, which the Corporate Knights Research Group used as the foundation for their ranking system, indicate the strengths and commitment that Sims Metal Management and Sims Recycling Solutions has to the safety, well-being and development of its employees, contractors and visitors, and to the long-term sustainability of the planet.”

Other criteria used in compiling the Global 100 Most Sustainable Corporations in the World list include ethical and responsible decision making, recognizing the interests of stakeholders, respecting the rights of shareholders, and communication with customers, investors, regulators and policymakers. Taken together, according to the Corporate Knights ranking, these factors currently designate the company as a leading sustainable enterprise in the world, both environmentally and from a stakeholder perspective.

Sims Recycling Solutions
Sims Recycling Solutions (us.simsrecycling.com) is the global leader in electronics reuse and recycling, offering customers in every business sector comprehensive recycling services out of our 50 owned and operated sites across the globe.

Sims Recycling Solutions – owned by Sims Metal Management, the world’s largest publicly listed metal and electronics recycler – has the global reach, expertise and infrastructure necessary to guarantee our customers that their data is secure, their electronic equipment is processed in an environmentally responsible manner, their reputation is protected and their compliance risks are eliminated.

In North America, Sims Recycling Solutions operates 14 sites in Arizona, California, Florida, Illinois, Nevada, New Jersey, Ontario, South Carolina, Tennessee and Texas.

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 6 December 2010.

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 release.

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.

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Stephanie Oden
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