AK Steel Holding Corporation Registration Page

The AK Steel Holding Corporation
2010 Annual Meeting of Stockholders
Thursday, May 27, 2010 at 1:30 PM Central Daylight Saving Time

Safe Harbor Statement

The following presentation includes both historical and projected data. All data that are not statements of historical fact constitute “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, including projections for the current year and beyond regarding shipments, product mix, pricing, revenue, synergies, costs, margins, income and profits.  Words such as “expects,” “anticipates,” “believes,” “intends,” “plans,” “estimates” and other similar references to future periods often identify such forward-looking statements.   Although AK Steel’s management believes the expectations reflected in those forward-looking statements are reasonable, we cannot assure you that those expectations will prove to have been correct. They are based on a number of assumptions and estimates that are inherently subject to economic, competitive, regulatory, and operational risks, uncertainties and contingencies, which are beyond AK Steel’s control, and upon assumptions with respect to future business decisions that are subject to change. Such risks, uncertainties, contingencies and changes to assumptions could cause actual results to differ materially from those currently expected by management and include, among others, risks of reduced selling prices and shipments; changes in the cost of raw materials and energy; disruptions with respect to our supply of raw materials; depressed electrical steel sales; disruptions with respect to production; and those risks discussed in Item 1A, Risk Factors, of our Annual Report on Form 10-K for the most recent fiscal year and any updated risks discussed in Item 1A, Risk Factors, in our Quarterly Reports on Form 10-Q filed since our most recent Form 10-K.  

For additional information concerning factors that could cause results to materially differ from those currently expected by AK Steel’s management, see the discussion of Forward-Looking Statements in the Management’s Discussion and Analysis of Financial Condition and Results of Operations section of our Annual Report on Form 10-K for the most recent fiscal year along with our Quarterly Reports on Form 10-Q filed in the current year. Also, to the extent that we refer to material that includes non-GAAP measures, the information required by Regulation G will be available on our website at www.aksteel.com.  

Forward-looking statements speak only as of the date they are made, and AK Steel undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made, except as may required by law.

Yes, I have read and understand the Safe Harbor statement.

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