IN RE NATIONAL STEEL CORPORATION (Bankr.N.D.Ill. 2004)

In re: NATIONAL STEEL CORPORATION, et al., Chapter 11, Debtors.

Case No. 02 B 08699 (Jointly Administered).United States Bankruptcy Court, N.D. Illinois, Eastern Division.
October 20, 2004

ORDER SUSTAINING NSC CREDITOR TRUST’S TWENTY FOURTH OMNIBUS OBJECTION TO CLAIMS PURSUANT TO 11 U.S.C. §§ 105(A) AND 502(B) AND FED. R. BANKR. P. 3007 (PERSONAL INJURY CLAIMS)
JOHN SQUIRES, Bankruptcy Judge

This matter coming to be heard on NSC Creditor Trust’s Twenty Fourth Omnibus Objection to Claims Pursuant to 11 U.S.C. §§ 105(A) and 502(B) and Fed.R.Bankr.P. 3007 (Personal Injury Claims), dated August 19, 2004 (the “Objection”) wherein NSC Creditor Trust (the “Trust”)[1] objected to certain Claims as outlined in Exhibit A to the Objection; it appearing to the Court that (i) it has jurisdiction over the matters raised in the Objection pursuant to 28 U.S.C. §§ 157 and 1334; (ii) this is a core proceeding pursuant to 28 U.S.C. § 157(b)(2); (iii) the relief requested in the Objection is in the best interests of the Debtors’ estates, their creditors and other parties in interest; (iv) proper and adequate notice of the Objection and the hearing thereon has been given and that no other or further notice is necessary; and (v) upon the record herein after due deliberation thereon, that the relief should be granted as set forth below,

IT IS HEREBY ORDERED THAT:

A. The Objection is SUSTAINED as set forth herein.

B. Pursuant to 11 U.S.C. §§ 105(a) and 502(b), and Fed.R.Bankr.P. 3007, each Claim listed on Exhibit A is disallowed or reclassified in its entirety, as specified on Exhibit A.

Page 2

C. Pursuant to 11 U.S.C. §§ 105(a) and 502(b), and Fed.R.Bankr.P. 3007, each Claim listed on Exhibit B to this Order is continued for status to November 9, 2004 at 8:30 a.m.

D. Notwithstanding any other provisions of this Order, each of the Claims listed on Exhibit A attached hereto remains subject to the Trust’s right to object to such Claim pursuant to section 502(d) of the Bankruptcy Code, and the Debtors and the Trust expressly reserve their rights to prosecute any pending objections to such Claims.

E. This Court shall retain jurisdiction over the Trust and the Claimants whose Claims are subject to the Objection with respect to any matters related to or arising from the implementation of this Order.

F. This Order is without prejudice to the Trust’s right to object to any other Claims in these chapter 11 cases or to further object to Claims objected to or allowed herein.

G. This matter constitutes a core proceeding, and this Order is a final order.

H. Notice of the Twenty Fourth Omnibus Objection is deemed sufficient.

NATIONAL STEEL CORPORATION, et al. TWENTY-FOURTH OMNIBUS OBJECTION TO CLAIMS — EXHIBIT A PERSONAL INJURY CLAIMS

# CREDITOR NAME CLAIM CLAIM ASSERTED UNLIQUIDATED ASSERTED
NUMBER AMOUNT CLASS DEBTOR BASIS FOR OBJECTION[*] DISPOSITION

AGEMY, SALWA 4609 0 UNS Y National Steel Corporation [*] Stay/Plan Relief Disallow
(Delaware) [*] Settled
1 [*] No Liability

ARDISON, PETER JR. 4369 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
2 [*] No Liability

AWALT, RONADL E. 4368 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
3 [*] No Liability

BAUCHENS, ROBERT S. 4367 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
4 [*] No Liability

BAUER, DENNIS 3720 5,000 UNS N Unspecified [*] No questionnaire Disallow
5 [*] No Liability

BEAUBIEN, LOUIS 1831 0 UNS Y National Steel Corporation [*] Former Employee Disallow
6 (Delaware) [*] No Liability
7 BRADLEY, STANLEY J. 3329 140,000 UNS N National Steel Corporation [*] No questionnaire Disallow
(Delaware) [*] Former Employee
[*] No Liability

8 BROCKMEIER, JAMES 4272 0 PRI Y Granite City Steel Company [*] No questionnaire Disallow
[*] No Liability
[*] Reclassify

9 BURCH/OWENS 2780 10,000 UNS N National Steel Corporation [*] Former Employee Disallow
(Delaware) [*] No Liability

10 CHRISTIANSON, DONNA 844 50,000 UNS Y National Steel Pellet Company [*] Duplicate of 769 Disallow
[*] No Liability

11 CHRISTIANSON, MICHAEL 769 50,000 UNS Y National Steel Pellet Company [*] No Liability Disallow
B.

12 CONRAD, MERLE HELEN 4670 5,000,000 UNS N National Steel Corporation [*] No questionnaire Disallow
[*] No Liability

13 COURTNEY, JAMES SCOTT 4366 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
[*] No Liability

14 DOLOSIC, MICHAEL J. 4365 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
[*] No Liability

15 EDWARDS, MICHAEL 197 0 UNS Y Granite City Steel Company [*] Settled Disallow

16 EDWARDS, MICHAEL 2582 0 UNS Y Granite City Steel Company [*] Duplicate 197 Disallow
[*] No Liability

17 FINKEN, JOHN JC 2525 0 UNS Y National Steel Corporation [*] No questionnaire Disallow
(Delaware) [*] No Liability

18 FLATT, ROBERT 4363 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
[*] No Liability

19 FLETCHER, ANN 2818 300,000 MUL N National Steel Corporation [*] Former Employee Disallow
(New York) [*] No Liability

20 FLETCHER, JAMES L. 4800 25,000 UNS Y National Steel Corporation [*] No Liability Disallow
(Delaware)

21 FLETCHER, ROBERT G. 2168 0 UNS Y Unspecified [*] Former Employee Disallow
[*] No Liability

22 FRANKFORD, ROGER 2686 1,000,000 UNS Y Granite City Steel Company [*] No questionnaire Disallow
MARSHA [*] No Liability

23 FULLER, ADAM 3102 0 UNS Y National Steel Corporation [*] No questionnaire Disallow
(Delaware) [*] No Liability

24 GAGICH, ANGELINE 2769 12,500 UNS N National Steel Corporation [*] No Liability Disallow
(EXECUTRIX) (Delaware)

25 GARCIA, THOMAS 4361 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
[*] No Liability

26 GASPER, JAMES 4360 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
[*] No Liability

27 GEHRKE, JASON F. 3016 0 UNS Y National Steel Pellet Company [*] Former Employee Disallow
[*] No Liability

28 GEORGE, RICKY L. 4071 25,000 UNS N National Steel Corporation [*] Former Employee Disallow
(Delaware) [*] No Liability

GLASGOW, JAMES 2433 86,000 UNS N National Steel Corporation [*] No questionnaire Disallow
29 VICKIE (Delaware) [*] No Liability

GORSKI, JOHN JR. 4602 0 UNS Y National Steel Corporation [*] Stay/Plan Relief; Disallow
(Delaware) [*] Settled
30 [*] No Liability

GREENWOOD, JAMES 3360 0 UNS Y National Steel Corporation [*] Former Employee Disallow
31 (Delaware) [*] No Liability

GRIGG, CHARLES HENRY 195 0 UNS Y National Steel Corporation [*] Stay/Plan Relief Disallow
32 (Delaware) [*] No Liability

GRIGG, EILEEN MARIE 2581 0 UNS Y Granite City Steel Company [*] No questionnaire Disallow
GUARDIAN [*] Duplicate of 195
33 [*] Stay/Plan Relief
[*] No Liability

GUTIMAN, LITIGATION 5459 196,882.32 UNS Y National Steel Corporation [*] Late Disallow
34 TRUSTEE (Delaware) [*] No Liability

HAKKARAINEN, 1082 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
35 MARGURETT C. [*] No Liability

HARRIS, MICHAEL 3785 2,000,000 UNS Y National Steel Corporation [*] Former Employee Disallow
36 MARCELLA A/E (Delaware) [*] No Liability

HEIM, DOYLE 4359 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
37 [*] No Liability

HENDRIX, KRISTI FOR 4370 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
38 CHARLES WELCH [*] No Liability

HODGSON, BOB 4599 0 UNS Y National Steel Corporation [*] Stay/Plan Relief Disallow
39 (Delaware) [*] Settled
[*] No Liability

HOEY, PAUL 1225 2,000,000 UNS N Granite City Steel Company [*] No Liability Disallow
40

HOOK, RONALD L. 4391 0 PRI Y Granite City Steel Company [*] Former Employee Disallow
41 [*] No Liability
[*] Reclassify

HOPPE, BILL PAT 2437 110,000 UNS N National Steel Corporation [*] No Liability Disallow
42 (Delaware)

HUDSON, JODY 4386 100,000 UNS Y Granite City Steel Company [*] No Liability Disallow
43

JOHNSON, TONYA FOR 4364 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
44 [*] No Liability

JONES, KENNETH L. 4358 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
45 [*] No Liability

JOYCE, HAROLD 4362 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
46 [*] No Liability

LAWSON, THOMAS 4611 0 UNS Y National Steel Corporation [*] Stay/Plan Relief Disallow
47 (Delaware) [*] Settled
[*] No Liability

LEE, ROBERT E. 4371 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
48 [*] No Liability

LIEBOLD, MONA 3881 300,000 UNS N Granite City Steel Company [*] No questionnaire Disallow
49 [*] Former Employee
[*] No Liability

LINVILLE, EDWARD 5493 500,000 PRI N Numerous Debtors [*] Late Disallow
50 [*] Settled
[*] No Liability
[*] Reclassify

LYERLA, CHARLES V. 4372 0 UNS Y Granite City Steel Company [*] No Liability Disallow
51

MADDEN, JOHN JEANNIE 4612 0 UNS Y National Steel Corporation [*] Stay/Plan Relief Disallow
52 (Delaware) [*] Settled
[*] No Liability

McBRIDE, RONALD 4601 0 UNS Y National Steel Corporation [*] Stay/Plan Relief Disallow
53 (Delaware) [*] Settled
[*] No Liability

McCABE, CHARLES J. 4373 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
54 [*] No Liability

McDONALD, BARBARA J. 4515 1,637,750 UNS N National Steel Corporation [*] No Liability Disallow
55 (Delaware)

McMILLIN, CHARLES 4374 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
56 [*] No Liability

MEREDITH, WILLIAM T. 2779 52,500 UNS N National Steel Corporation [*] No Liability Disallow
57 (Delaware)

MICHAEL B. SERLING PC 4388 0 UNS Y Great Lakes Steel Corporation [*] No questionnaire Disallow
58 [*] No Liability

MICHAEL, MICHAEL J. 2944 750,000 UNS N National Steel Corporation [*] Former Employee; Disallow
59 (Delaware) [*] Duplicate of 2945
[*] No Liability

MICHAEL, MICHAEL J. 2945 750,000 UNS N Great Lakes Steel Corporation [*] No questionnaire; Disallow
60 [*] Former Employee
[*] No Liability

MIKS, BERNARD 4375 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
61 [*] No Liability

MURPHY, DEAN 4608 0 UNS Y National Steel Corporation [*] Stay/Plan Relief; Disallow
62 (Delaware) [*] Settled
[*] No Liability

NORDIN, DANIEL 4377 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
63 [*] No Liability

PAPADOPOULOS, 4378 0 UNS Y Granite City Steel Company [*] No Liability Disallow
64 CONSTANTINOS A.

PIATEK, HOWARD 4604 0 UNS Y National Steel Corporation [*] Stay/Plan Relief Disallow
65 (Delaware) [*] Settled
[*] No Liability

REEVES, ROBERT L. 4470 0 PRI Y American Steel Corporation [*] No questionnaire Disallow
66 [*] No Liability
[*] Reclassify

RICHARDSON, LINVEL 4535 0 UNS Y National Steel Corporation [*] Former Employee Disallow
67 (Delaware) [*] No Liability

RINGLER, DENNIS 3318 0 UNS Y Great-Lakes Steel Corporation [*] No questionnaire; Disallow
[*] Former Employee
68 [*] No Liability

SCHAEFFER, GEORGE M. 4379 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
69 [*] No Liability

SCHLENDER, WILLIAM 4613 0 UNS Y National Steel Corporation [*] Stay/Plan Relief; Disallow
70 (Delaware) [*] Settled
[*] No Liability

SCHMEDAKE, JAMES R. 4380 0 UNS Y Great Lakes Steel Corporation [*] Former Employee Disallow
71 [*] No Liability

SCHWENT, KENNETH 4381 0 UNS Y Great Lakes Steel Corporation [*] Former Employee Disallow
72 [*] No Liability

SERWATKA, TERRY 1933 150,000 PRI N National Steel Corporation [*] Former Employee Disallow
73 (Delaware) [*] No Liability
[*] Reclassify

SEVERS, LARRY E. 1253 244,500 UNS N Granite City Steel Company [*] Former Employee Disallow
74 [*] No Liability

SIEGEL, JACKIE 4606 0 UNS Y National Steel Corporation [*] Stay/Plan Relief; Disallow
75 (Delaware) [*] Settled
[*] No Liability

SIGLER, MARY 4605 0 UNS Y National Steel Corporation [*] Stay/Plan Relief; Disallow
76 (Delaware) [*] Settled
[*] No Liability

SIMS, WILLIAM 4610 0 UNS Y National Steel Corporation [*] Stay/Plan Relief; Disallow
77 (Delaware) [*] Settled
[*] No Liability

STATE FARM INSURANCE 4073 4,821.80 UNS Y National Steel Corporation [*] No Liability Disallow
78 SUBROGEE FOR (Delaware)

STEPPIG, KEVIN L. 4028 25,200 UNS N Granite City Steel Company [*] Former Employee Disallow
79 [*] Duplicate of 4029
[*] No Liability

STEPPIG, KEVIN L. 4029 25,200 UNS N Granite City Steel Company [*] Former Employee Disallow
80 [*] No Liability

STOCKTON, JIMMIE D. 4382 0 UNS Y Granite City Steel Company [*] No questionnaire Disallow
81 [*] Former Employee
[*] No Liability

VESCI, RALPH R. 4383 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
82 [*] No Liability

VESELICA, MARK 4607 0 UNS Y National Steel Corporation [*] Stay/Plan Relief Disallow
83 (Delaware) [*] Settled

WALKER, JAMES 1312 20,000 UNS N Granite City Steel Company [*] No questionnaire Disallow
[*] Former Employee
84 [*] Duplicate of 4229
[*] No Liability

WALKER, LAVERNE 270 3,000,000 UNS N National Steel Corporation [*] Stay/Plan Relief Disallow
85 (Delaware) [*] No Liability

WALKER, LAVERNE 4038 3,000,000 UNS N Great Lakes Steel Corporation [*] Stay/Plan Relief; Disallow
86 [*] Duplicate of 270
[*] No Liability
WALLS, ALFRED 4354 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
87 [*] No Liability
WARDA, JOSEPH 4603 0 UNS Y National Steel Corporation [*] Stay/Plan Relief Disallow
88 (Delaware) [*] Settled
[*] No Liability
WARMA, DEL D. 1134 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
[*] No Liability
WINKLMEIER, HELEN 1083 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
90 [*] No Liability
WOLFORD, LAURIE 4614 0 UNS Y National Steel Corporation [*] Stay/Plan Relief; Disallow
91 (Delaware) [*] Settled
[*] No Liability
WRIGHT, CAROLYN L. 1308 0 UNS N National Steel Corporation [*] No questionnaire Disallow
92 (Delaware) [*] No Liability

YOUNGE, DONALD E. 4357 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
93 [*] No Liability
ZAMLER MELLEN 4518 0 UNS Y Unspecified [*] No questionnaire Disallow
SHIFFMAN [*] No Liability
94
ZELLER, THEODORE 4356 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
95 [*] No Liability

ZIDICH, ROBERT 4355 0 UNS Y Granite City Steel Company [*] Former Employee Disallow
96 [*] No Liability

NATIONAL STEEL CORPORATION, et al. TWENTY-FOURTH OMNIBUS OBJECTION TO CLAIMS — EXHIBIT B PERSONAL INJURY CLAIMS

# CREDITOR NAME CLAIM CLAIM ASSERTED UNLIQUIDATED ASSERTED BASIS FOR OBJECTION[*] DISPOSITION
NUMBER AMOUNT CLASS DEBTOR
[*] FORMER EMPLOYEE CONTINUED TO
[*] NO LIABILITY NOVEMBER 9, 2004
97 ANDREWS, EWING 4390 0 PRI Y GRANITE CITY STEEL COMPANY [*] RECLASSIFY

Granite City Steel Company [*] Former Employee CONTINUED TO
[*] No Liability NOVEMBER 9, 2004
98 BAKER, DONALD 4411 0 PRI Y [*] Reclassify

Granite City Steel Company [*] Former Employee CONTINUED TO
[*] No Liability NOVEMBER 9, 2004
99 BRADSHAW, HOWARD L. 4410 0 PRI Y [*] Reclassify

Granite City Steel Company [*] Former Employee CONTINUED TO
[*] No Liability NOVEMBER 9, 2004
100 BRIMM, BILL 4409 0 PRI Y [*] Reclassify
Granite City Steel Company [*] Former Employee CONTINUED TO
[*] No Liability NOVEMBER 9, 2004
101 CHILDERS, JAMES JR. 4408 0 PRI Y [*] Reclassify

102 CUPPS, ARLENE J. 3476 0 UNS Y NATIONAL STEEL CORPORATION [*] FORMER EMPLOYEE CONTINUED TO
(DELAWARE) [*] NO LIABILITY NOVEMBER 9, 2004

103 DAMPHOUSSE, EDGAR P. 1689 0 UNS Y GREAT LAKES STEEL [*] FORMER EMPLOYEE CONTINUED TO
CORPORATION [*] NO LIABILITY NOVEMBER 9, 2004

Granite City Steel Company [*] Former Employee CONTINUED TO
[*] No Liability NOVEMBER 9, 2004
104 EVERTS, ROBERT D. 4407 0 PRI Y [*] Reclassify

Granite City Steel Company [*] Former Employee CONTINUED TO
[*] No Liability NOVEMBER 9, 2004
105 FOHNE, ROBERT 4406 0 PRI Y [*] Reclassify

Granite City Steel Company [*] Former Employee CONTINUED TO
[*] No Liability NOVEMBER 9, 2004
106 GIBBS, HUBERT 4405 0 PRI Y [*] Reclassify

Granite City Steel Company [*] Former Employee CONTINUED TO
[*] No Liability NOVEMBER 9, 2004
107 GRADY, JAMES 4404 0 PRI Y [*] Reclassify

Granite City Steel Company [*] Former Employee CONTINUED TO
[*] No Liability NOVEMBER 9, 2004
108 HANABARGER, BOBBY 4403 0 PRI Y [*] Reclassify

NATIONAL STEEL CORPORATION [*] STAY/PLAN RELIEF CONTINUED TO
109 HETRICK, TONYA 3502 75,000 UNS Y (DELAWARE) [*] NO LIABILITY NOVEMBER 9, 2004

[*] FORMER EMPLOYEE CONTINUED TO
110 JONES, TERRY H. 4660 5,000,000 UNS Y GRANITE CITY STEEL COMPANY [*] SETTLED NOVEMBER 9, 2004
[*] NO LIABILITY

Granite City Steel Company [*] Former Employee CONTINUED TO
111 KENT, KENNETH 4402 0 PRI Y [*] No Liability NOVEMBER 9, 2004
[*] Reclassify

Granite City Steel Company [*] Former Employee CONTINUED TO
112 LANKFORD, MARK 4401 0 PRI Y [*] No Liability NOVEMBER 9, 2004
[*] Reclassify

113 LONGMAN, ROY 1591 1,000,000 UNS Y NATIONAL STEEL CORPORATION [*] DUPLICATE OF 1650 CONTINUED TO
(DELAWARE) [*] NO LIABILITY NOVEMBER 9, 2004

114 LONGMAN, ROY 1650 75,000 UNS Y NATIONAL STEEL CORPORATION [*] NO LIABILITY CONTINUED TO
(DELAWARE) NOVEMBER 9, 2004

The Hanna Furnace [*] No Asset Debtors CONTINUED TO
115 MAZUR, AGNES 3867 2,000,000 UNS N Corporation [*] No Liability NOVEMBER 9, 2004

National Steel Corporation [*] No Asset Debtors CONTINUED TO
116 MAZUR, LEONARAD 3866 150,000,000 UNS N (Delaware) [*] No Liability NOVEMBER 9, 2004

Granite City Steel Company [*] Former Employee CONTINUED TO
117 McKINNEY, MICHAEL 4400 0 PRI Y [*] No Liability NOVEMBER 9, 2004
[*] Reclassify

Granite City Steel Company [*] Former Employee CONTINUED TO
118 MEYERS, JAMES 4399 0 PRI Y [*] No Liability NOVEMBER 9, 2004
[*] Reclassify

Granite City Steel Company [*] Former Employee CONTINUED TO
119 MORRIS, JEFFREY 4398 0 PRI Y [*] No Liability NOVEMBER 9, 2004
[*] Reclassify

National Steel Corporation [*] No Liability CONTINUED TO
120 RAB, MIRZA, SIA ALLYA 208 0 UNS Y (Delaware) NOVEMBER 9, 2004

Granite City Steel Company [*] Former Employee CONTINUED TO
121 RUSHING, LACY 4397 0 PRI Y [*] No Liability NOVEMBER 9, 2004
[*] Reclassify

[*] FORMER EMPLOYEE CONTINUED TO
122 RYDYIG, VIRGINIA 2822 0 UNS Y GRANITE CITY STEEL COMPANY [*] NO LIABILITY NOVEMBER 9, 2004

Granite City Steel Company [*] No Liability CONTINUED TO
123 SCAGGS, WILLIAM 4396 0 PRI Y [*] Reclassify NOVEMBER 9, 2004

124 SEDORYK, GREGORY 2977 0 UNS Y NATIONAL STEEL CORPORATION [*] NO LIABILITY CONTINUED TO
(DELAWARE) NOVEMBER 9, 2004

Granite City Steel Company [*] Former Employee CONTINUED TO
125 WEATHERS, MARVIN 4395 0 PRI Y [*] No Liability NOVEMBER 9, 2004
[*] Reclassify

[*] NO QUESTIONNAIRE CONTINUED TO
[*] FORMER EMPLOYEE NOVEMBER 9, 2004
126 WILLIAMS, MERLE B. 1736 0 SEC Y NATIONAL STEEL PELLET [*] NO LIABILITY
COMPANY [*] RECLASSIFY