AK Steel Holding (AKS)

Summary of Cash and Other Compensation

Annual compensation paid to executive officers of the Company consists of salary, cash incentive awards under the Company’s Annual Management Incentive Plan (the “MIP”) and, on an occasional and exceptional basis, special bonuses. Long-term compensation consists of awards of restricted stock, stock options, and performance shares under the Company’s Stock Incentive Plan (the “SIP”) and payouts in the form of cash under the Company’s Long Term Performance Plan (the “LTPP”).

The following table sets forth the cash compensation, as well as certain other compensation, paid or accrued by the Company for each of the past three years to the Chief Executive Officer and to each of the other four most highly compensated executive officers of the Company serving as such at December 31, 2005. For convenience, all persons named in the table are referred to as the “Named Executives.”

Summary of Cash and Other Compensation

Annual compensation paid to executive officers of the Company consists of salary, cash incentive awards under the Company’s Annual Management Incentive Plan (the “MIP”) and, on an occasional and exceptional basis, special bonuses. Long-term compensation consists of restricted stock awards and stock options under the Company’s Stock Incentive Plan (the “SIP”) and payouts in the form of cash and/or restricted stock under the Company’s Long-Term Performance Plan (the “LTPP”).

The following table sets forth the cash compensation, as well as certain other compensation, paid or accrued by the Company, for each of the past three years to the Chief Executive Officer, and each of the other four most highly compensated executive officers of the Company serving as such at December 31, 2004. For convenience, all persons named in the table are referred to as the “Named Executives”.