King & Spalding Advises SHV Holdings on $1.44 Billion Sale of Its Scrap Metals Unit

ATLANTA, GA--(Marketwire - February 11, 2008) - King & Spalding, a leading international law firm, advised SHV Holdings N.V. on the sale to Nucor Corporation of its SHV North America Corporation subsidiary, which owns The David J. Joseph Company, a leading U.S. scrap processing and brokerage company, for approximately $1.44 billion.

SHV Holdings N.V. is one of the largest private companies in The Netherlands. Headquartered in Utrecht, it has global interests in energy, wholesale cash-and-carry, raw-material distribution businesses, heavy lift and transport, and private equity. Nucor and affiliates are manufacturers of steel products, with operating facilities primarily in the U.S. and Canada.

Additional details about the transaction can be found here: http://www.nucor.com/indexinner.aspx?finpage=newsreleases.

The King & Spalding legal team representing SHV Holdings on this transaction consisted of partners C. William Baxley, G. Roth Kehoe II, Donald P. Hensel, Jeffrey S. Spigel, and associates Jaron R. Brown, Justin M. King and Miriti Murungi.

About King & Spalding

King & Spalding is an international law firm with more than 800 lawyers in Atlanta, Charlotte, Dubai, Frankfurt, Houston, London, New York, Riyadh (affiliated office) and Washington, D.C. The firm represents half of the Fortune 100 and in a Corporate Counsel survey in September 2007 was among the top firms representing Fortune 250 companies. For additional information, visit www.kslaw.com.

Contact Information: Contact: Matt Hyams King & Spalding Ph: (212) 827-4057