| SDI Announces Second Quarter Regular and Continued Special Cash Dividend |
| FORT WAYNE, INDIANA, June 29, 2006 — Today Steel Dynamics, Inc.
NASDAQ:STLD) announced that its Board of Directors has approved the
continuation of a special cash dividend of $0.10 per common share to be
distributed in addition to the company’s regular quarterly cash dividend
of $0.10 per common share. Shareholders of record at the close of
business on June 30, 2006 will therefore receive a combined cash
dividend of $0.20 per common share payable on July 14, 2006.
The board intends to continue to declare this dividend payment of a combined $0.20 per common share during the remainder of 2006 on a quarterly basis. The decision to continue this combined dividend payment is based on the company’s strong financial results and future earnings outlook. Contact: |
| 6/29/2006 |