News Release

Regulated Information

18 March 2011

In accordance with Article 15 �1 of the Belgian Act of 2 May 2007 on the disclosure of major shareholdings , Nyrstar NV ("Nyrstar") announced today that 70,009,282 new shares, each with a VVPR strip, have been issued on 18 March 2011 as the result of the completion of a capital increase in the amount of EUR 490,064,974.00 within the framework of a rights offering which was approved by the extraordinary general shareholders' meeting of 6 January 2011.

As a result of the capital increase:

• Nyrstar's share capital has been increased by EUR 490,064,974.00 to bring it from EUR 1,490,860,008.09 to EUR 1,980,924,982.09;
• the number of shares representing Nyrstar's share capital has been increased by 70,009,282 shares to bring it from 100,013,262 to 170,022,544 shares; and
• 70,009,282 VVPR strips have been issued, i.e. one strip for each new share issued.

In addition to the outstanding shares, Nyrstar has outstanding convertible bonds in an aggregate principal amount of EUR 119,900,000.  The convertible bonds can be converted at any time at the current conversion price of EUR 6.29 per share.  The conversion price can be adjusted in a number of circumstances.  Based on the current conversion price, if all remaining convertible bonds were converted, 19,062,003 new shares would be issued.

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About Nyrstar

The partner of choice in essential resources for the development of a changing world.  Nyrstar is a leading global multi-metals' business, producing significant quantities of zinc and lead as well as other products (including silver, gold and copper).  Nyrstar is listed on NYSE Euronext Brussels under the symbol NYR. For further information visit the Nyrstar website, www.nyrstar.com.

Contacts

Investors

Anthony Simms

Manager,

Investor Relations

T: +41 44 745 8157

anthony.simms@nyrstar.com

Media

Geert Lambrechts

Manager,

Corporate Communications

T: +32 14 449 646

M: +32 473 637 892

geert.lambrechts@nyrstar.com

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