| | AK Steel Reports Fourth Quarter and Full-Year 2004 Results |
 | | AK Steel said it realized an adjusted operating profit for 2004 of $251.1 million, equal to $40 per ton, excluding the fourth quarter corridor charge previously discussed. |
 | | For 2003, AK Steel's adjusted operating loss was $310.5 million, equal to a loss of $53 per ton, excluding the applicable corridor charge and the goodwill impairment charge previously discussed. |
 | | Including the corridor and early debt retirement charges, AK Steel reported a loss before income taxes from continuing operations in 2004 of $193.3 million, compared to a 2003 loss from continuing operations before income taxes of $773.0 million, including the applicable corridor charge and a goodwill impairment charge of $101.2 million. |
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