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Retirement Of Group CEO

About Sims Metal Management

Sims Metal Management is the world's largest listed metal recycler with approximately 270 facilities and 6,600 employees globally. Sims' core businesses are metal recycling and electronics recycling. Sims Metal Management generated approximately 88% of its revenue from operations in North America, the United Kingdom, Continental Europe, New Zealand and Asia in Fiscal 2012. The Company's ordinary shares are listed on the Australian Securities Exchange (ASX:SGM) and its ADRs are listed on the New York Stock Exchange (NYSE:SMS). Please visit our website ( www.simsmm.com) for more information on the Company and recent developments.

The Sims Metal Management logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=16674

CONTACT: Investor inquiries contact
         Todd Scott
         Group Vice President - Investor Relations
         Tel: +61 4 0960 0352
         
         Media inquiries contact
         Daniel Strechay
         Group Director - Communications & Public Relations
         Tel: +1 212 500 7430

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