Former Securities and Exchange Chairman to Address AISI's 2007 General Meeting May 7

Arthur Levitt, who served as the 25th chairman of the United States Securities and Exchange Commission (SEC), will deliver remarks on "Take on the Street: What Wall Street Knows that Main Street May Not" at AISI's 115th General Meeting, which will be held May 6-8 in Henderson, Nevada. Levitt will speak on May 7 at a joint general session of AISI and the Metals Service Center Institute (MSCI)—the fourth year the groups are holding their Annual Meetings together.

Arthur Levitt was first appointed by President Clinton in July 1993 as the SEC chairman and was then re-appointed to a second five-year term in May 1998. He has the unique distinction of being the longest serving chairman in the commission's history. In 2001, he joined the Carlyle Group, the private equity firm with nearly $50 billion in holdings, including John Maneely Company in the United States, recent acquirer of Sharon Tube, and other metals companies in Europe as senior advisor on the financial-service sector.

Before joining the commission, Levitt owned Roll Call, a newspaper that covers Capitol Hill. From 1989 to 1993, he served as the chairman of the New York City Economic Development Corporation, and from 1978 to 1989 he was the chairman of the American Stock Exchange. Before that, he worked for 16 years on Wall Street. He graduated Phi Beta Kappa from Williams College in 1952 before serving for two years in the Air Force.

With the theme, Steel—In Front of the Curve—Doing It Right, this premier meeting of steel producers, suppliers and service centers provides a forum for the industry to discuss issues affecting the competitiveness of North American manufacturing. Several steel industry chief executives will examine major trends shaping the future of the global steel industry in a joint session (May 7) that will be moderated by John E. Lichtenstein, a partner at Accenture. Speakers include: James Bouchard, Esmark; Daniel R. DiMicco, Nucor Corporation; Michael H. Hoffman, Macsteel Service Centers USA; Louis L. Schorsch, Arcelor Mittal; Michael Siegal, Olympic Steel; and John P. Surma, United States Steel Corporation.

Ed Gillespie, former chairman of the Republican National Committee and Terry McAuliffe, former chairman of the Democratic National Committee will provide an up-close-and-personal look at the rapidly approaching presidential race and key issues for the 2008 elections on May 7 in a joint session.

Peter Navarro, a business professor at the University of California-Irvine and author of The China Wars: Where They Will be Fought, How They Can be Won, and The Well-Timed Strategy: Managing the Business Cycle for Competitive Advantage, will deliver a provocative "wake up call" on how China's mercantilist strategies need to be addressed by our policy makers.

On Tuesday, May 8, Erik Peterson, senior vice president, of The Center for Strategic and International Studies and director, the Seven Revolutions, will speak on "The Seven Futures."

The AISI 2007 General Meeting's general sessions will begin at 8:00 am on Monday, May 7, at The Ritz-Carlton, Lake Las Vegas, in Henderson, Nevada. All joint general sessions are open to the media. AISI will hold a media briefing from 11:30 am to 12:00 pm at The Ritz-Carlton on May 7. For more information, contact Maureen Iselin.