Sims Recycling Solutions, Americas, (Sims) the global leader in electronics reuse and recycling, is pleased to announce that the company will pursue e-Stewards certification at its 14 North American electronics processing facilities. The company’s facilities currently have ISO 14001, OHSAS 18001, and R2 certifications and EPSC RVQP in Canada. With the addition of the e-Stewards certification, Sims will maintain the highest level of certification in the electronics recycling industry. Sims supports the most responsible global recycling practices and is the industry leader in creating safe workplaces for our employees and supporting responsible recycling legislation.

Beginning with the Common Sense Initiative and progressing through the National Electronics Product Stewardship Initiative (NEPSI), R2, and e-Stewards discussions, Sims Recycling Solutions has been, and continues to be, an active participant in all electronic scrap recycling industry collaborations. In addition, Sims Recycling Solutions is also a member of the Coalition for American Electronics Recycling (CAER) steering committee, an industry group supporting the passage of the Responsible Electronics Recycling Act.

Sims has worked in close engagement with the Basel Action Network (BAN), the creators of the e-Stewards standard and certification program, on a number of issues, including global waste trade policy and the improvement of the e-Stewards standard and its management. Sims believes that e-Stewards provides the clearest, most unambiguous and robust approach to domestic electronic scrap processing and applauds the recent announcement by BAN to find a third-party host organization to administer the e-Stewards program.

“As the largest electronics recycler in North America, Sims takes a very considered approach to legislative and market-based initiatives. The addition of the e-Stewards certification to our facilities demonstrates our commitment to meet the highest industry standards with respect to human health and the environment,” stated Steve Skurnac, President, Sims Recycling Solutions, Americas. “Sims is a sustainability leader that will continue to pursue the most promising partnerships with other sustainability leaders in industry, in government, and environmental organizations.”

“BAN is thrilled to announce Sims Recycling Solutions’ contract to become fully e-Stewards certified. Sims is not only the largest e-waste recycler in North America, but they are among the true leaders in global sustainability as well,” said BAN Executive Director Jim Puckett. “Their support of both market initiatives like the e-Stewards certification and legislation in the U.S. Congress to prevent the dumping of hazardous wastes on developing countries must be applauded. Leaders lead, and Sims has clearly shown it has no hesitation in doing so.”

For more information on Sims Recycling Solutions and electronics reuse and recycling, visit us.simsrecycling.com, Facebook or Twitter.

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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