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Rouge Industries, Inc. Declares Fourth Quarter Dividend

5 December 1997

Rouge Industries, Inc. Declares Fourth Quarter Dividend

    DEARBORN, Mich., Dec. 5 -- Rouge Industries, Inc.
announced today that its Board of Directors approved a fourth quarter cash
dividend in the amount of three cents ($0.03) per share payable on January 23,
1998 to shareholders of record at the close of business on January 9, 1998.
    Rouge Industries is the parent holding company of Rouge Steel Company
whose fully integrated steel making facilities and corporate offices are
located in Dearborn.  Rouge Steel Company principally serves the automotive,
converter and service center markets.

SOURCE  Rouge Industries, Inc.