Investor Relations
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Weirton Steel Activates Proxy Information Center On Internet, Intranet Web Sites

For Immediate Release
November 18, 2002

WEIRTON, W.VA. – Weirton Steel Corp. today launched its Proxy Information Center on its Internet (www.weirton.com) and internal Intranet web sites to keep shareholders informed and updated on its proposed changes to its charter and bylaws.

Visitors to the sites can access a variety of links to help them learn and understand more about the company's effort to reposition its business through acquisitions and targeted investments to ensure its long-term survival. Available are:

  • The "Proxy Explained," which includes a high-level summary of the proxy issues and the full proxy text in pdf format.
  • Answers to frequently-asked questions and the opportunity to ask questions and have them answered online.
  • Viewpoints by company and union officials
  • Schedules of events and meetings
  • The option of voting a proxy via the Internet

"Our Proxy Information Center is just another vehicle we've introduced in our multifaceted communications campaign to give all shareholders the opportunity to understand this complex corporate issue," said Gregg Warren, Weirton Steel spokesman. "Since people receive their news and information in different ways – newspapers, television, radio, face-to-face meetings, electronic media, etc. – it's important we take advantage of all of them to get our message across to our shareholder audience."

Weirton Steel and union officials also will conduct a series of community meetings Nov. 19, Nov. 21 and Nov. 26 at the Serbian-American Cultural Center to explain the company's proposed changes and answer questions. Two informational sessions will be held each day, beginning at 10 a.m. and 6 p.m.

All holders of Weirton Steel stock are invited to attend the meetings.



Weirton Steel Corp.
Media Contact:
Gregg Warren, Director-Corporate Communications  (304) 797-2828






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