AND OWNERS AND BENEFICIAL OWNERS OF AMERICAN DEPOSITARY RECEIPTS Deposit Agreement Dated as of September 18, 1997 Amended and Restated as of March 8, 1999 Amended and Restated as of May 7, 2003 DEPOSIT AGREEMENTDeposit Agreement • April 18th, 2006 • Gerdau S.A. • Steel works, blast furnaces & rolling & finishing mills • New York
DEPOSIT AGREEMENT dated as of September 18, 1997, as amended and restated as of March 8, 1999, and as further amended and restated as of May 7, 2003, among GERDAU S.A., a company incorporated under the laws of Brazil (herein called the Issuer), THE BANK OF NEW YORK, a New York banking corporation (herein called the Depositary), and all Owners (as hereinafter defined) and Beneficial Owners (as hereinafter defined) from time to time of American Depositary Receipts issued hereunder.
EM&M Draft of 7/30/98]Deposit Agreement • April 18th, 2006 • Gerdau S.A. • Steel works, blast furnaces & rolling & finishing mills
Deposit Agreement dated as of March 8, 1999 (the "Deposit Agreement") by and among Gerdau S.A., The Bank of New York, as Depositary, and the Owners and Beneficial Owners of American Depositary Receipts
