October 23, 2007, Associated Press, By TIM HUBER CHARLESTON, W.Va. (AP) - The parent company of Wheeling-Pittsburgh Steel announced Tuesday it has changed the time frame for shareholders to choose how they want to be compensated in the impending merger with Illinois-based Esmark Inc. The changes were made to satisfy the Securities and Exchange Commission, Wheeling-Pitt Chief Executive James Bouchard said. Without the changes, the SEC might have required the company to treat the deal as an offer to purchase Wheeling-Pitt shares, rather than a merger. That would have required Wheeling-Pitt to file a different SEC form, in essence starting the process...

FOR IMMEDIATE RELEASE WHEELING, WV, October 23, 2007 – Wheeling-Pittsburgh Corporation (NASDAQ: WPSC) (“Wheeling-Pittsburgh”) and Esmark Incorporated (“Esmark”) today announced that they have entered into an amendment to their March 16, 2007 definitive merger agreement to adjust the timing of the put rights and purchase rights to be granted to Wheeling-Pittsburgh stockholders in the combination. The agreement, as amended, now provides that Wheeling-Pittsburgh stockholders as of the election deadline (which will be no later than 5 business days before the special meeting of Wheeling-Pittsburgh stockholders to vote on the combination) will have the option to elect to receive the following for...