AK Steel Announces African-American Scholarship Recipients

Middletown, OH, February 26, 2004—AK Steel (NYSE: AKS) announced today that Kristian D. Holmes and Rebekah S. Kaba are the recipients of its 2004 African-American Business and Engineering Scholarships.  They will be recognized at the February 27, 2004 annual dinner of the Middletown Area Branch of the NAACP.  The scholarship awards are valued at $4,000 each and are renewable for up to three years. 

“AK Steel is once again proud to recognize academic excellence by presenting scholarships to two exceptional African-American students,” said James L. Wainscott, president and chief executive officer of AK Steel.  “The scholarship program is designed to encourage African-American students to pursue college degrees in business and engineering disciplines.”

The scholarship program was developed in 2002 with the assistance of Louie Cox, president of the Middletown Area Branch of the NAACP, who passed away earlier this week.  Vivian C. Washington III, vice president of the Middletown Area NAACP Branch commented, “Mr. Cox was a monument of a man who assisted many.  This scholarship is part of his legacy of helping others in our community through the Middletown Area Branch.”

Kristian Holmes is a 2001 graduate of Lakota West High School in West Chester, Ohio.  She is attending Tuskegee University, Tuskegee, Alabama, where she majors in chemical engineering. She is on the Dean’s List and volunteers as a math tutor and church youth counselor and has served as an orientation leader at the university. She is a member of the Omega Chi Epsilon honor society, INROADS program, American Chemical Society and the American Institute of Chemical Engineers.  During the past two summers she worked as an intern for Procter and Gamble.  Following completion of her undergraduate degree, Ms. Holmes plans to attend medical school and pursue a career as a pediatric surgeon.  Her parents are Terence and Elaine Calloway of West Chester.

Rebekah Kaba is a 2002 graduate of Lakota West High School.  She is an industrial engineering major at The Ohio State University in Columbus, Ohio where she is on the Dean’s List.  She is a member of the National Society of Black Engineers and serves as a mentor for the Women in Engineering program.   She has volunteered for numerous activities including the Minority Engineering Programs Banquet, Affirmative Action Rally held in Washington, DC, and OSU’s Heritage Festival.  She has worked as an intern at Procter and Gamble for the past two summers.  After completion of her undergraduate degree, Ms. Kaba plans to seek a position in business and eventually earn a Master of Business Administration degree.  She is the daughter of Serawit and Ephriam Kaba of West Chester.

Headquartered in Middletown, AK Steel produces flat-rolled carbon, stainless and electrical steel products for automotive, appliance, construction and manufacturing markets, as well as tubular steel products.  In addition, the company produces snow and ice control products.