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ISG Announces New Senior Appointments

Jan. 8, 2004 — International Steel Group Inc. (ISG) announced six senior management promotions. In making the announcements, Rodney Mott, ISG President and CEO, stated, "Each of these individuals has already made a substantial contribution to ISG's success. Their promotions reflect the company's recognition of their excellent work and our confidence in the leadership they will continue to provide."

Lonnie Arnett is appointed Vice President, Controller and Chief Accounting Officer. Mr. Arnett has been serving as Vice President Finance. His responsibilities will include internal and external financial reporting, financial analysis and tax management. With 35 years of experience in accounting and finance, more than 20 years of which has been in the steel industry, Mr. Arnett holds a BS degree in Accounting from Western Kentucky University and is a Certified Public Accountant. Mr. Arnett has also completed the Advanced Management Program at Harvard University, Graduate School of Business Administration.

Brian Kurtz is appointed Vice President, Finance and Treasurer, with responsibilities including liquidity management, risk management, investor and bank relations and strategic project management. Mr. Kurtz, who joined ISG in April 2002 and has played a key role in developing ISG's financial function, most recently served as Vice President and Corporate Controller. He earned a BS degree in Accounting from Virginia Tech and is a Certified Public Accountant.

William Brake Jr. is appointed Vice President and General Manager of ISG Cleveland Inc. In his new position, his responsibilities as General Manager of ISG Cleveland, the position he has held since March 2003, will continue. He has 17 years of management experience in the steel industry, and holds BS degree in Electrical Engineering from Case Western Reserve University and an MBA degree from the Weatherhead School of Management.

William McKenzie is appointed Vice President and General Manager of ISG Plate Inc. at Coatesville, Pa. His responsibilities as General Manager of the Coatesville facility, a position he has held since May 2003, will continue. He has 25 years of experience in the metals industry, and holds a BS degree in Mechanical Engineering from West Virginia University.

Karen Smith is appointed Vice President Human Resources. Ms. Smith, who established and developed ISG's human resources function, has served as Assistant Vice President and Corporate Manager Human Resources since April 2002. She earned an AS degree in Business from the University of Charleston. Prior to joining ISG, she had 28 years of human resources and benefits experience, ten of which were in the metals industry.

Thomas Wood is appointed Vice President Labor Relations. Mr. Wood, who played a key role in developing ISG's labor relations function, has served as Assistant Vice President and Corporate Manager Labor Relations since April 2002. He has nearly 35 years of management experience in the steel industry, and holds a BS degree in Business from the University of Dayton and a JD degree from the Marshall College of Law at Cleveland State University.

All appointments are effective January 1, 2004.

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