For Immediate Release
BETHLEHEM, Pa., December 13, 2001 - Bethlehem Steel Corporation (NYSE:BS) announced today that it has been advised by the New York Stock Exchange (NYSE) that it has fallen below the NYSE's continued listing criteria relating to minimum share price. The NYSE requires that the Company's stock trade at a minimum share price of $1.00 over a 30-day trading period.
Under NYSE rules, the NYSE may grant a period up to 6 months during which the Company must come into conformity with the continued listing criteria. Should the Company's shares cease being traded on the NYSE, the Company believes that an alternate trading venue will be available.
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For More Information Contact:
Robert W. Bilheimer - (610) 694-3711
Bethlehem Steel Corporation
Public Affairs Department
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