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DELTEC ASSET MANAGEMENT CORP
> SID
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2006 | NATIONAL STEEL CO | SID | 215,850 | 215,850 | 6,782,000 | 6,782,000 | $31.42 |
| 06/30/2003 | NATIONAL STEEL CO | SID | 0 | -476,750 | 0 | -9,153,600 | |
| 05/07/2003 | NATIONAL STEEL CO | SID | 476,750 | 476,750 | 9,153,600 | 9,153,600 | $19.20 |
| 12/31/2002 | NATIONAL STEEL CO | SID | 0 | -5,000 | 0 | -40,750 | |
| 09/30/2002 | NATIONAL STEEL CO | SID | 5,000 | 5,000 | 40,750 | 40,750 | $8.15 |
| 08/09/2002 | NATIONAL STEEL CO | SID | 0 | -5,000 | 0 | -79,200 | |
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