Roanoke Electric Steel Corp.’s Board of Directors declared the 187th consecutive quarterly common stock cash dividend in the amount of 11 cents per share. The decision was made at a regular meeting held on July 19, 2005.

The dividend is payable on August 25, 2005, to shareholders of record as of the close of business on August 5, 2005.

Roanoke Electric Steel Corp. has steel manufacturing facilities in Roanoke, Va., and Huntington, W.Va., producing angles, rounds, flats, channels, beams, special sections and billets, which are sold to steel service centers, fabricators, original equipment manufacturers and other steel producers. Four subsidiaries are involved in various steel-related activities, consisting of scrap processing and bar joist and truck trailer beam fabrication.