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                Electrical Steels for the Electrical Grid

                Westinghouse Electric approached our predecessor company back in 1902 about developing a new product for improved power transformers. We began to do research and tapped the first heat of what is now known as electrical steel. This thrust our company into the electrical power business. As a result of this development, the United States was able to create the first transcontinental power network. AK Steel continues to be a leader and the only supplier in the U.S. of highly efficient steels that power our grid.

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                Lisa H. Jester

                Corporate Manager, Communications and Public Relations

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                Jaime Vasquez

                Vice President, Finance and Chief Financial Officer

                Christopher J. Ross

                Vice President and Treasurer

                Douglas O. Mitterholzer

                General Manager, Investor Relations and Assistant Treasurer

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