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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8 - K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 17, 1998
NATIONAL STEEL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
1-983 25-0687210
(Commission File Number) (IRS Employer Identification No.)
4100 Edison Lakes Parkway, Mishawaka, IN 46545-3440
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 219-273-7000
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ITEM 5. OTHER EVENTS
National Steel Corporation issued a press release on December 17, 1998 that
announced the election of Sotaro Wakabayashi to its Board of Directors. A copy
of this press release is attached hereto as Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit 99.1 Press release dated December 17, 1998.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NATIONAL STEEL CORPORATION
Date: December 20, 1998 By: /s/Glenn H. Gage
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Glenn H. Gage
Senior Vice President and Chief Financial
Officer
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Exhibit 99.1
News Release
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Media Contact: Clarence Ehlers
(219) 273-7327
Analyst/Investor Contact: Joseph A. Rainis
(219) 273-7158
SOTARO WAKABAYASHI ELECTED TO NATIONAL STEEL
CORPORATION BOARD OF DIRECTORS
Mishawaka, IN, December 17, 1998 National Steel Corporation (NYSE: NS)
announced today the election of Sotaro Wakabayashi, Chief Senior Counselor of
NKK Corporation, to its Board of Directors. Mr. Wakabayashi brings to National
Steel nearly 24 years of experience, mainly in legal affairs. He has worked at
NKK's Fukuyama Works and, most recently, at NKK Corporation Headquarters in
Tokyo.
Mr. Wakabayashi joined NKK Corporation, Japan's second largest steel company and
National Steel's majority shareholder, following graduation from Hitotsubashi
University in 1974 with a Bachelor of Laws degree. He also earned a Master of
Laws degree from the University of Chicago.
Since joining NKK, Mr. Wakabayashi has served in a number of high-ranking
capacities. Prior to being named Chief Senior Counselor in 1998, Mr. Wakabayashi
served as Senior Counselor from 1994 to 1998 and as Senior Manager,
International Legal Affairs, from 1993 to 1994.
Mr. Wakabayashi will replace Mr. Keiichiro Sakata who resigned from National's
Board effective December 15, 1998.
Headquartered in Mishawaka, Indiana, National Steel Corporation is the nation's
fourth largest integrated steel company, with annual shipments in excess of six
million tons of flat-rolled products. National Steel employs approximately
9,400 employees. Visit National Steel's website at: www.nationalsteel.com.
