Al Massira approves offer to Acquire 51% of Development Steel Co.

Astra Industrial Group received today, Sunday, 07/26/2009G the approval of Al-Massira International Company on the initial offer to acquire 51% of the Development Steel Industries Cor, which was announced on 06/23/2009G. The date of the General Assembly of Astra Industrial Group will be announced to vote on the acquisition resolution at a later time.