Wilbur Ross Hails Administration's Extension of Steel Licensing NEW YORK, March 9 /PRNewswire-FirstCall/ -- Reacting to news that the Bush Administration has acted to extend its steel licensing program for four more years, Wilbur L. Ross, Chairman of International Steel Group (NYSE:ISG) issued the following statement: "I applaud the decision by the Administration to extend the steel licensing program for four more years. "While this will have no near-term effect on steel prices, it will assure that the Administration receives timely information for considering future situations." DATASOURCE: International Steel Group CONTACT: Wilbur L. Ross of International Steel Group, +1-212-826-2111

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