Senior Notes Prospectus

Gerdau Ameristeel's most recent comprehensive financial statements are available from

• SEDAR Database
  
• SEC/EDGAR

Dividends
All dividends paid by Gerdau Ameristeel in 2006 are eligible dividends for purposes of determining the tax credit, with the exception that the dividends paid on any class of shares prior to March 24, 2006 are not eligible dividends for Quebec tax purposes.

All dividends paid by Gerdau Ameristeel in 2007 and subsequent years will be designated as eligible dividends, unless otherwise indicated.

Listing of Capital Stock
The shares of the Company are listed on The Toronto Stock Exchange and on the NYSE under the ticker symbols GNA.TO and GNA respectively.

Transfer Agent and Registrar
The transfer agent and registrar for the shares of the Company is The CIBC Mellon Trust Company, located in Toronto, Montreal, Calgary, Regina, Vancouver and Halifax and Mellon Investor Services LLC in the US.

Shareholder Information
Shareholders seeking information or assistance concerning their accounts may contact The CIBC Mellon Trust Company through the Shareholder Inquiry Line. Shareholders in Canada and the United States who live outside Toronto, Canada should call 1-800-387-0825; shareholders in Toronto should call (416) 643-5500.