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Wheeling-Pittsburgh’s Preliminary Proxy Vote Favors Esmark

Nov. 18, 2006 — Wheeling-Pittsburgh Corp. Chairman and CEO James G. Bradley announced that, "We have reviewed the results of the voting for the election of directors at the Annual Meeting of Shareholders held today.

“Based on preliminary figures available,” said Bradley, “we expect the Esmark slate will be certified as the new Board, following verification by our independent inspector of elections."


Wheeling-Pittsburgh was organized as a Delaware corporation on June 27, 1920 under the name Wheeling Steel Corp. Its headquarters is located in Wheeling, W.Va., with major production facilities in the Upper Ohio and Monongahela valleys. Wheeling-Pittsburgh is a holding company that, together with its several subsidiaries and joint ventures, produces steel and steel products using both integrated and electric arc furnace technology. The company has slab making production capacity of 2.8 million short tons and hot rolling capacity of 3.4 million short tons. Approximately 65% of its sales are comprised of high value-added products.