Commercial Metals Co. announced that its offer to exchange all of its outstanding 5.625% Senior Notes due 2013 for its registered 5.625% Senior Notes due 2013 will expire at 5:00 p.m., Eastern time, on July 7, 2004.

The exchange offer, which commenced Monday, June 7, 2004, was previously scheduled to expire at 5:00 p.m., Eastern time, on July 6, 2004. Extension of the exchange offer results from the declaration of Friday, June 11, 2004, as a federal holiday in memory of President Ronald Reagan. With the extension, the exchange offer will remain open for twenty business days as originally scheduled.

None of the Old Notes have yet been tendered for exchange as notes are typically tendered for exchange near the expiration of an exchange offer.

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Headquartered in Irving, Texas, Commercial Metals Co. and subsidiaries manufacture, recycle and market steel and metal products, related materials and services through a network including steel minimills, steel fabrication and processing plants, construction-related product warehouses, a copper tube mill, metal recycling facilities and marketing and distribution offices in the United States and in strategic overseas markets.