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U. S. Steel Completes Acquisition of Sartid

PRNewswire-FirstCall
PITTSBURGH
09.12.2003

United States Steel Corporation (NYSE: X) confirmed today that its wholly owned subsidiary U. S. Steel Balkan, d.o.o. has completed its purchase out of bankruptcy of Serbian steelmaker Sartid a.d. (Sartid) and related subsidiaries for a purchase price of approximately $23 million.

Sartid is an integrated steelmaker with annual raw steel design production capability of 2.4 million net tons, of which approximately one-third is currently operational.

SOURCE: United States Steel Corporation

CONTACT: John Armstrong, +1-412-433-6792, or Mike Dixon,
+1-412-433-6860, both of United States Steel Corporation

Web site: http://www.ussteel.com/

Company News On-Call: http://www.prnewswire.com/comp/929150.html

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