The Board of Directors of Ryerson Tull, Inc. declared cash dividends of 5 cents per share on the company's common stock and 60 cents per share on its Series A $2.40 Cumulative Convertible Preferred Stock.

The dividends will be payable August 1, 2004, to stockholders of record at the close of business on July 9, 2004.

Ryerson Tull, Inc. is a leading North American distributor and processor of metals, with 2003 revenues of $2.2 billion. The company services customers through a network of service centers across the United States and in Canada, Mexico and India.