Press Release


Olympic Steel Announces Promotion


Cleveland, Ohio – (February 6, 2002) Michael D. Siegal, Chairman and Chief Executive Officer of Olympic Steel, Inc. (Nasdaq: ZEUS), announced that effective February 1, 2002, Maureen A. Mason has been promoted to Vice President – Human Resources. Ms. Mason joined the Company as Director of Human Resources in January 1999 with more than 25 years of experience as a Human Resources professional in the information industry.

“Maureen has made significant contributions to strengthening the focus on our most important asset – our people,” stated Mr. Siegal. “It’s been our benefit to have her on our team and we’re pleased to recognize her efforts.”

Prior to joining Olympic, Ms. Mason was employed with American Telephone and Telegraph (AT&T) for over 25 years. Throughout her career she enjoyed a variety of corporate and regional HR assignments including Director of the AT&T School of Business and Director of Management Employment. Most recently, Ms. Mason was the Director of Human Resources for the Wholesale Markets Division of AT&T located in Bridgewater, New Jersey.

Ms. Mason received her Bachelor of Arts Degree in Sociology / Psychology from the College of Mount St. Joseph in Cincinnati, Ohio.

Olympic Steel is a leading North American steel service center that is experienced in the specialized processing and distribution of flat-rolled carbon and stainless steel products, as well as tubular steel products. Headquartered in Cleveland, Ohio, the company has approximately 900 employees in 14 locations serving nine geographic markets. For further information on Olympic Steel, Inc., visit the Company’s web site at http://www.olysteel.com.

Contact: Cathy S. Kish
Director - Investor Relations
Telephone: (216) 292-3800
Fax: (216) 682-4065

 
Olympic Steel, Inc.
5096 Richmond Road
Bedford Heights, OH 44146

SSCI


AISI
(216) 292 3800
infoolysteel.com

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