AK Steel's Board of Directors Declares Common Stock Dividend

WEST CHESTER, Ohio, July 22 /PRNewswire-FirstCall/ -- AK Steel (NYSE: AKS)
announced today that its board of directors has declared a quarterly cash
dividend of $0.05 per share of common stock, payable on September 10, 2008, to
shareholders of record on August 15, 2008. The company has approximately 112
million shares of common stock outstanding.
About AK Steel
AK Steel produces flat-rolled carbon, stainless and electrical steels,
primarily for automotive, appliance, construction and electrical power
generation and distribution markets. The company employs about 6,500 men and
women in Middletown, Mansfield, Coshocton and Zanesville, Ohio; Butler,
Pennsylvania; Ashland, Kentucky; Rockport, Indiana; and its corporate
headquarters in West Chester, Ohio. Additional information about AK Steel is
available on the company's web site at www.aksteel.com .
AK Tube LLC, a wholly owned subsidiary of AK Steel, employs about 300 men
and women in plants in Walbridge, Ohio and Columbus, Indiana. AK Tube
produces carbon and stainless electric resistance welded (ERW) tubular steel
products for truck, automotive and other markets. Additional information
about AK Tube LLC is available on its web site at www.aktube.com .
SOURCE AK Steel

For media: Alan H. McCoy, Vice President, Government and Public Relations,
+1-513-425-2826, or for investors: Albert E. Ferrara, Jr., Vice President,
Finance and CFO, +1-513-425-2888, both of AK Steel