Nyrstar: 2011 Second Interim Management Statement

Continuing strong progress in the mining segment Zinc in concentrate production up 35% in Q3 2011 compared to Q2 2011 Substantial increase in the production of other metals, namely copper, lead, silver and gold

Strong operating performance from smelting segment

Zinc metal production from smelters was 244,000 tonnes in Q3 2011 down 12% from Q2 2011 as a result of the planned maintenance shutdown at the Clarksville smelter and operational issues which impacted zinc casting at Overpelt

Continuing to deliver on strategy

Successfully completed the acquisition of Breakwater Resources with mining operations in Canada, Honduras and Chile for approximately €442 million in August 2011 All key milestones in the integration plan to date for the Breakwater mines met Level of zinc integration (zinc production from mines as a percentage of smelter production) now at 43% (assuming all mining operations at full production, including the Talvivaara streaming agreement and the Breakwater mines) a significant advancement on Nyrstar's stated strategy to further grow its mining segment