| 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.
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