KOCH SUPPLY & TRADING EXPANDS INTO STEEL TRADING

Company adds steel to its trading capability, offering financial risk management and structured products to customers worldwide.

LONDON - Koch Supply & Trading, LP has added steel to its trading capability, offering financial risk management and structured products to its worldwide customers.

As a global commodities trader, Koch Supply & Trading is continuously evaluating the extension of its expertise to complementary commodity markets," said Steve Mawer, president of Koch Supply & Trading. Kochs experience and success achieved via its metals trading and risk management activities, coupled with its leadership and innovation in numerous commodity and derivatives markets, gives it a firm foundation to explore this venture."

Steel is the second-largest commodity market behind crude oil. Koch Supply & Trading has extensive experience across all aspects of crude oil, petroleum products and metals trading, and capabilities in risk management and cross-commodity offerings.

Koch Supply & Tradings participation will primarily involve developing and offering financial price risk management services for flat-rolled products to producers, service centers, converters, end-users and vested financial institutions," said Jeff Kabel, vice president of steel trading. The company may couple these services with physical positions in the various steel-making process materials and the resulting finished products."

Koch companies have 25 years of trading knowledge -- expanding from trading domestic crude oil to globally trading a host of commodities. Koch Supply & Trading affiliates also have significant experience in refining and pipeline operations.

Koch Supply & Trading has traders in Wichita, Houston, New York, London, Mumbai, Moscow and Singapore and moves products through hubs, ports and terminals around the world, including the United States, Europe, Singapore and the Middle East. Koch Supply & Trading is a subsidiary of Koch Industries, Inc., a Wichita, Kansas-based firm that owns a diverse group of companies engaged in trading, investment and operations worldwide. More information is available at www.kochind.com and www.kochsteel.com. Koch Supply & Trading conducts financial service business in the United Kingdom through its agents Koch Metals Trading Ltd and Koch Supply & Trading Company Ltd.

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