Sims Recycling Solutions Plans Ribbon Cutting Ceremony for Dallas Facility

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Sims Recycling Solutions and the Dallas Regional Chamber of Commerce are scheduled to hold a ribbon cutting ceremony to welcome Sims Recycling Solutions to the region.

The Global Leader in Electronics Reuse and Recycling

Sims Recycling Solutions, the global leader in electronics reuse and recycling recently joined the Dallas Regional Chamber of Commerce. There will be a ribbon cutting ceremony to welcome Sims Recycling Solutions to the region and celebrate the company’s new location in Dallas. The ceremony is scheduled for March 8, 2012 from 10:00 a.m. to noon at the Sims Recycling Solutions facility located at 2134 French Settlement Road, Dallas, TX 75212.

“Texas, like many other states in the U.S., has had to develop new strategies for managing end-of-life electronics because they are a rapidly growing source of waste. Sims Recycling Solutions is thrilled to be an important part of that strategy by offering safe, secure and environmentally responsible electronics recycling to Texas businesses and consumers,” stated Steve Skurnac, President, Sims Recycling Solutions, Americas. “Sims Recycling Solutions is pleased not only to help make the greater Dallas community a safer place to live by increasing the recycling rate for unwanted electronics, but also to create new green jobs in this region.”

The Dallas facility is the 14th North American recycling center for Sims Recycling Solutions. The 31,600-square-foot facility provides consumer and business electronics recycling for Texas in support of the Texas Computer Equipment Recycling Program. This program requires electronics manufacturers to recycle a percentage of electronics sold in the state. For details on the Dallas facility, please visit http://us.simsrecycling.com/contacts-and-locations/dallas.

Sims Recycling Solutions
Sims Recycling Solutions (http://www.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
Sims Recycling Solution (US)
(888) 234-9967
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