AK Steel to Make $75 Million Pension Trust Fund Contribution

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Tue Jul 22, 2008 9:00am EDT

WEST CHESTER, Ohio, July 22 /PRNewswire-FirstCall/ -- AK Steel (NYSE: AKS)
announced today that its board of directors has authorized the company to make
an early $75 million contribution to its pension trust fund.  The contribution
will be made during the third quarter and will reduce the company's future
funding requirements.  Following the contribution, AK Steel will have made
$834 million in pension fund contributions since January of 2005.
    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 of
AK Steel, +1-513-425-2826, or for investors: Albert E. Ferrara, Jr., Vice
President, Finance and CFO of AK Steel, +1-513-428-2888
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