PS 87 Playground To Play Host To Electronics Recycling Event

Sims Recycling Solutions' staff will be on-site during event hours to remove electronic items from your car. Electronic equipment being accepted is: computers (desktops or laptops), televisions, computer monitors, keyboards, mice, desktop printers, fax machines, scanners, VCRs, DVD players, DVRs, portable digital music players, digital converter boxes, cable or satellite receivers, electronic or video game consoles.

"We are happy to offer this service to the community of the Upper West Side and would like to thank our sponsors for helping us make this happen," Stated Steve Skurnac, President of Sims Recycling Solutions, North America.

All equipment collected at this event will be brought to Sims Recycling Solutions' recently opened Edison, NJ  facility, its 13^th  such recycling facility in North America and 42^nd such facility worldwide. The site allows manufacturers to utilize the customizable electronics recycling, data security and compliance services offered by the world's leading electronics recycler.

Sims Recycling Solutions

Sims Recycling Solutions (www.us.simsrecycling.com) is the world's largest electrical and electronics recovery and recycling company with 42 sites across the globe.

Sims Recycling Solutions recycles all types of electronic equipment and enables businesses to meet both their social and legal obligations in the treatment of surplus electronics. The company's asset management and recovery service enables businesses and public sector organizations to sustain the value of IT and electronic equipment, in a legally compliant, data secure, fully traceable and environmentally sustainable manner.

In North America, Sims Recycling Solutions operates 13 sites in Arizona, California, Florida, Illinois, Nevada, New Jersey, Ontario, South Carolina and Tennessee.

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 12 November 2009.

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.

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