SCHEDULE 14A
(RULE 14a-101)
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE
SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )
Filed by the Registrant {X}
Filed by a Party other than the Registrant { }
Check the appropriate box:
{_} Preliminary Proxy Statement
{ } Confidential, For Use of the Commission Only (as permitted by
Rule 14a-6(e)(2))
{ } Definitive Proxy Statement
{X} Definitive Additional Materials
{_} Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
BIRMINGHAM STEEL CORPORATION
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(Name of Registrant as specified in its charter)
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(Name of person(s) filing proxy statement, if other than Registrant)
Payment of Filing Fee (Check the appropriate box):
{X} No fee required.
{ } Fee computed on table below per Exchange Act Rules 14a-6(i)(1)
and 0-11.
(1) Title of each class of securities to which transaction applies:
(2) Aggregate number of securities to which transaction applies:
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11:
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(5) Total fee paid.
_____
{ } Fee paid previously with preliminary materials.
{ } Check box if any part of the fee is offset as provided by Exchange Act
Rule 0-11(a)(2) and identify the filing for which the offsetting fee
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statement number, or the Form or Schedule and the date of its filing.
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[LOGO] CONTACT: ROY WINNICK
KEKST AND COMPANY
212-521-4842
BIRMINGHAM STEEL ISSUES STATEMENT
BIRMINGHAM, Ala., December 1, 1999 - Birmingham Steel Corporation (NYSE:
BIR) today stated that, as first indicated late yesterday, the Company's
Annual Meeting of Stockholders has been postponed pending the tabulation of
consents and any revocations of consents by an independent inspector of
election. Also as announced yesterday, a date for the Annual Meeting will
be set, if appropriate, following completion of the tabulation process by
the independent inspector.
The Company emphasized that, pending completion of the tabulation process,
the Company's incumbent, duly elected Board of Directors and management
team will continue to serve as its duly elected and appointed directors and
officers, respectively. Accordingly, the United Group does not at this time
speak on behalf of the Board of Directors of Birmingham Steel or its
management and any statements made by them as such should be treated
accordingly.
Birmingham Steel operates in the mini-mill sector of the steel industry and
conducts operations at facilities located across the United States. The
common stock of Birmingham Steel is traded on the New York Stock Exchange
under the symbol "BIR."
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