FOR IMMEDIATE RELEASE WHEELING, WV, February 4, 2008 – Esmark Incorporated (NASDAQ: ESMK) (the “Company”) today announced that it has accepted a commitment for a fully underwritten $500 million revolving credit facility from its lead lender, GE Corporate Lending. This new facility will replace the existing $150 million revolver at Esmark Steel Service Group, Inc. and the $225 million revolver at Wheeling-Pittsburgh Corporation. The Company expects to close on this new facility in the first quarter pending satisfaction of the conditions to the commitment, which include definitive documentation and requisite arrangements with the Company’s other material indebtedness. “We are proud to announce...