Steel Dynamics Inc.

Steel Dynamics Inc. is listed on NASDAQ (STLD). We are a steel manufacturing company that owns and operates three steelmaking mini-mills. We produce our steel principally from steel scrap, using electric arc melting furnaces, continuous casting and automated rolling mills. During 2003, our sales were $987 million and, at year-end, we had approximately 1,400 employees. None of our employees are represented by labor unions. Flat Roll Division We own and operate a flat-roll mini-mill located in Butler, Indiana, which produces sheet steel and which we built and have operated since 1996. This mill has an annual production capacity of 2.2 million tons of flat-rolled steel, although we actually produced 2.4 million tons during 2003. We produce a broad range of high quality hot-rolled, cold-rolled and coated steel products, including a large variety of high value-added and high margin specialty products such as thinner gauge rolled products and galvanized products.

Steel Technologies Inc.

Steel Technologies Inc. is listed on NASDAQ (STTX). Steel Technologies Inc. is incorporated under the laws of the state of Kentucky. Our company was founded in 1971 with the vision to become the leader in the steel processing industry and we are now one of the largest independent flat-rolled steel processors in North America. We purchase commercial tolerance steel in coils from major integrated steel mills and mini-mills. We process these coils to precise tolerances that are unavailable from primary steel producers. Our North American platform of 20 facilities, including our joint ventures, is strategically positioned in steel producing and consuming markets near customers and suppliers to ensure efficient just-in-time delivery of products throughout the United States and Mexico. We utilize the most advanced equipment to produce high-quality steel products and specialize in meeting exact specifications for customers in a variety of industries and end markets.

TJX Companies Inc. (The) ..nd home fashions in the United States and worldwide. Our seven off-price chains are synergistic in their philosophies and operating platforms. We sell..

PACCAR Inc. ..re in 1971, is the successor to Pacific Car and Foundry Company which was incorporated in Washington in 1924. The Company traces its predecessors to S..

Novamerican Steel Inc. .., 1997 under the Canada Business Corporations Act. Our registered office, principal place of business and principal executive offices are located at 6..

Technology Research Corporation ..nder the laws of the State of Florida in 1981. TRC is an internationally recognized leader in the design, manufacture and marketing of electrical safe..

Tag-It Pacific Inc. ..ecializes in the distribution of a full range of trim items to manufacturers of fashion apparel, specialty retailers and mass merchandisers. We act as..

Tesco Corporation ..three years, TESCO has maintained its business as an innovative oilfield drilling technology company and growing oilfield service and equipment suppli..

United Bancshares Inc. ..a bank holding company registered under the Bank Holding Company Act of 1956, as amended, and is subject to regulation by the Board of Governors of th..

Universal Electronics Inc. ..the laws of Delaware in 1986 and began operations in 1987. The principal executive offices are located at 6101 Gateway Drive, Cypress, California 9063..

Uroplasty Inc. ..ufactures and markets innovative, proprietary products for the treatment of voiding dysfunctions. Affecting urinary or fecal control, voiding dysfunct..

Universal Security Instruments Inc. ..and markets a variety of popularly-priced safety products consisting primarily of smoke alarms, carbon monoxide alarms and related products. Most of o..

Viacom Inc. .. 31, 2005, we became a stand-alone public company in connection with our separation from the former Viacom Inc. (the Former Viacom). Prior to the sepa..

ViryaNet Ltd. ..elopment Both our legal and commercial name is ViryaNet Ltd. We were incorporated and registered in Israel on March 13, 1988 under the name R.T.S. Rel..

inVentiv Health Inc. ..ed pharmaceutical services company spanning late-stage clinical through commercialization services, with leading market positions in outsourced sales ..

Wal-Mart Stores Inc. ..tores in various formats around the world. Wal-Mart is committed to growing by improving the standard of living for our customers throughout the world..

Wells-Gardner Electronics Corporation ..tion® is a global distributor and manufacturer of liquid crystal displays (LCD's), color video monitors and other related distribution products for a ..

Great Wolf Resorts Inc. ..Great Wolf Resorts, Inc., a Delaware corporation, and its subsidiaries. All dollar amounts used in this Annual Report on Form 10-K-A are in thousands,..

Wet Seal Inc. (The) ..res selling fashionable and contemporary apparel and accessory items designed for female customers. We are a Delaware corporation that operates two na..

Xanser Corporation .. businesses in two industry segments, technical services and information technology services. The technical services and information technology servic..

Young Innovations Inc. ..lop, manufacture, and market supplies and equipment used to facilitate the practice of dentistry and to promote oral health. The Companys product offe..

ZiLOG Inc. ..onductor devices, which are also referred to as embedded control devices. We design, develop, manufacture and market a broad portfolio of these device..

Able Energy Inc. ..rward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and as such may involve risks and uncertainties. I..

Acacia Research Corporation ..biMatrix group, is comprised of our wholly owned subsidiary, CombiMatrix Corporation and CombiMatrix Corporations wholly owned subsidiary, CombiMatrix..

Advantage Marketing Systems Inc. ..s in 1987, and through a corporate reorganization in 1995, became an Oklahoma corporation. In this report the terms Company, us, we, our and its are u..

Agilent Technologies Inc. ..e in May 1999, is the worlds premier measurement company providing core bio-analytical and electronic measurement solutions to the communications, ele..

Anthracite Capital Inc. ..in thousands, except share or per share amounts. General The Company, a Maryland corporation, is a real estate finance company that generates income b..

AK Steel Holding Corporation .. its wholly-owned subsidiary, AK Steel Corporation (AK Steel and, together with AK Holding), is a fully-integrated producer of flat-rolled carbon, sta..

Alliance Semiconductor Corporation ..wide provider of analog and mixed signal products, high-performance memory products and system solutions for the communications computing, embedded, i..

American Oil & Gas Inc. ..production company, engaged in the exploration, development and acquisition of crude oil and natural gas reserves and production in the western United..

Alpha Natural Resources inc. ..serves primarily consist of high Btu, low sulfur steam coal that is currently in high demand in U.S. coal markets and metallurgical coal that is curre..

America First Mortgage Investments Inc. ..f investing, on a leveraged basis, in mortgage-backed securities (MBS), which include hybrid and adjustable-rate MBS (collectively, ARM-MBS). The Comp..

@ Road Inc. ..ement solutions, a rapidly growing category of business productivity solutions that enable the effective management of mobile resources. We market and..

Arrow Electronics Inc. ..ew York in 1946, is a major global provider of products, services, and solutions to industrial and commercial users of electronic components and compu..

ALLTEL Corporation ..communications company. The Company owns subsidiaries that provide wireless and wireline local, long-distance, network access and Internet services. T..

AU OPTRONICS CORP ..e incorporated as Acer Display Technology, Inc., or Acer Display, under the laws of the ROC as a company limited by shares in 1996. The shares of Acer..

Axcan Pharma Inc. .. is a leading specialty pharmaceutical company concentrating in the field of gastroenterology, with operations primarily in North America and Europe. ..

Black Hills Corporation ..n, is a diversified energy company and a public utility holding company under the Public Utility Holding Company Act of 1935, as amended (PUHCA). Our ..

C.R. Bard Inc. ..manufacture, packaging, distribution and sale of medical, surgical, diagnostic and patient care devices. Charles Russell Bard started the company in 1..

bebe stores inc. ..of contemporary women's apparel and accessories. While we attract a broad audience, our target customer is a 21 to 35-year-old woman who seeks current..

B+H Ocean Carriers Ltd. ..ean Carriers Ltd. (the Company*) was organized in April 1988 to engage in the business of acquiring, investing in, owning, operating and selling vesse..

Structured Products Corp. ..bsidiaries are referred to as we or BellSouth. We are a Fortune 100 company with annual revenues of over $20 billion. Our core business is wireline co..

Boston Beer Company Inc. (The) .. largest craft brewer and the sixth largest brewer overall in the United States. In fiscal 2004, Boston Beer sold 1,258,206 barrels of its proprietary..

Britesmile Inc. .. and its affiliates develop, distribute, market, sell and lease advanced teeth whitening technology, products, systems and services. Unless specified ..

Buffalo Wild Wings Inc. .. company, we, us and our refer to the business of Buffalo Wild Wings, Inc. and our subsidiaries. We maintain an Internet website address at www.buffal..

Brown-Forman Corporation ..k corporation under the laws of the Federal Republic of Germany on January 30, 1952 under the name Badische Anilin- und Soda-Fabrik AG. In 1973, the c..

Mexican Restaurants Inc. .. Mexican-theme restaurants featuring various elements associated with the casual dining experience under the names Casa Ole, Montereys Tex-Mex Cafe, M..

CIENA Corporation ..munications networking equipment, software and services to communications service providers, cable operators, governments and enterprises. Ciena is a ..

Centene Corporation .. provides Medicaid and Medicaid-related programs to organizations and individuals through government subsidized programs, including Medicaid, Suppleme..

CFS Bancorp Inc. ..idiaries) is a registered unitary savings and loan holding company and was organized in March 1998 to facilitate the July 1998 conversion of its subsi..

CONMED Corporation ..r Ended December 31, 2002 (Form 10-K) contains certain forward-looking statements (as such term is defined in the Private Securities Litigation Reform..

Cherokee International Corporation ..es for original equipment manufacturers (OEMs). Our advanced power supply products are typically custom designed into mid- to high-end commercial appl..

ClickSoftware Technologies Ltd. ..e operations, which are designed to improve customer responsiveness and the utilization of service resources. Our products allow our clients to respon..

Coast Distribution System Inc. (The) .., one of the largest wholesale suppliers of replacement parts, supplies and accessories for recreational vehicles (RVs) and boats in North America. We..

Cogent Inc. ..n regarding Management's Discussion and Analysis of Financial Condition and Results of Operations) contains forward-looking statements regarding our b..

Cornell Corrections Inc. .. 1991, is a publicly-traded company whose primary business is in the field of corrections, education, rehabilitation and treatment for adults and juve..

CuraGen Corporation ..oking statements, which involve risks and uncertainties. The registrant's actual results could differ materially from those anticipated in these forwa..

Cosi Inc. .. October 1999, engages in the business of operating premium convenience restaurants which sell high-quality sandwiches, freshly tossed salads, Cosi ba..

Capital Southwest Corporation ..19, 1961. Until September 1969, we operated as a licensee under the Small Business Investment Act of 1958. At that time, we transferred to our wholly-..

Cousins Properties Incorporated .. Cousins) is a Georgia corporation, which since 1987 has elected to be taxed as a real estate investment trust (REIT). Cousins Real Estate Corporation..

Cutera Inc. ..lGlide, Xeo and Solera families of products for aesthetic treatments. Our easy-to-use families of laser and other light-based products enable dermatol..

Walt Disney Company (The) ..aries, is a diversified worldwide entertainment company with operations in four business segments: Media Networks, Parks and Resorts, Studio Entertain..

Dectron International Inc. .. us, our and we refer to Dectron Internationale, Inc. and its wholly-owned subsidiaries including: (i) Dectron, Inc. (ii) Dectron USA, (iii) RefPlus, ..

DPL Inc. ..mpany organized in 1985 under the laws of Ohio. The executive offices of DPL are located at 1065 Woodman Drive, Dayton, Ohio 45432 - telephone (937) 2..

Enterprise GP Holdings L.P. ..The primary business purpose of Enterprise Products GP is to manage the affairs and operations of Enterprise Products Partners, a North American midst..

Equitable Resources Inc. ..Equitable) is an integrated energy company, with an emphasis on Appalachian area natural gas supply activities including production and gathering, and..

First Commonwealth Financial Corporation ..rporated as a Pennsylvania business corporation on November 15, 1982, and is registered as a bank holding company under the Bank Holding Company Act o..

FormFactor Inc. ..and supports precision, high performance advanced semiconductor wafer probe cards. Semiconductor manufacturers use the Company's wafer probe cards to ..

Globecomm Systems Inc. ..ated in Delaware in August 1994. We provide end-to-end value-added satellite-based communication solutions by leveraging our core satellite ground seg..

Genlyte Group Incorporated (The) ..porated in the State of Delaware in 1985 as a wholly-owned subsidiary of Bairnco Corporation. In 1988 Genlyte was spun off from Bairnco Corporation an..

Hawaiian Electric Industries Inc. .. State of Hawaii and is a holding company with its principal subsidiaries engaged in the electric utility, banking and other businesses operating prim..

Harvard Bioscience Inc. ..lobal developer, manufacturer and marketer of a broad range of specialized products, primarily scientific instruments and apparatus, used to accelerat..

ImmuCell Corporation ..rving veterinarians and producers in the dairy and beef industries with innovative and proprietary products that improve animal health and productivit..

Interactive Systems Worldwide Inc. ..gned, developed and patented an interactive hardware and proprietary software system (the SportXction(R) System) that enables users to wager at fixed ..

iVOW Inc. ..chnologies, Inc., was founded in 1993 primarily to develop advanced visualization technologies for complex minimally invasive surgical procedures. It ..

Kinross Gold Corporation ..ATIONS The Companys share of production from its operating properties totaled 944,803 ounces of gold equivalent during 2001 of which 44% was derived f..

Lincoln National Corporation .. which operates multiple insurance and investment management businesses through subsidiary companies. LNC was organized under the laws of the state of..

Lucent Technologies Inc. ..systems, services and software that drive next-generation communications networks. Supported by Bell Labs research and development, we use our strengt..

Meredith Corporation ..edia and marketing companies, is engaged in magazine and book publishing, television broadcasting, integrated marketing, and interactive media. Virtua..