Esmark Incorporated Division Receives Steel Decking Contract for Pittsburgh Penguins’ New Arena

FOR IMMEDIATE RELEASE

WHEELING, W.Va., May 23, 2008 – Esmark Incorporated (NASDAQ: ESMK) (the “Company”) today confirmed that its Wheeling Corrugating division will supply the steel decking requirements to construct the Pittsburgh Penguin’s new state of the art arena. This award involves approximately 1,000 tons of steel deck and accessory product, expected to be produced out of the Beech Bottom, W.Va., and Emporia, Va., facilities. Shipments are scheduled to begin in July.

Chairman and CEO James P. Bouchard stated, “We are pleased to be part of the team constructing the Pittsburgh Penguins’ new home. This award, coupled with our recent award to provide similar product for New York’s Freedom Tower, evidences our visible participation and growing presence in the steel decking industry. As a proud premier sponsor of the Penguin’s throughout the season and in the Stanley Cup Playoffs, we at Esmark and Wheeling Corrugating want to wish the Pens well in the quest for Lord Stanley’s trophy.”

About Esmark Incorporated

Esmark Incorporated is a vertically integrated steel producer and distributor, combining steel production capabilities through both blast furnace and electric arc furnace technologies with the just-in-time delivery of value-added steel products to a broad customer base concentrated in the Ohio Valley and Midwest regions. Currently headquartered in Wheeling, W.Va., the Company is a producer of carbon flat-rolled products for the construction, container, appliance, converter/processor, steel service center, automotive and other markets. The company’s products include various sheet products such as hot rolled, cold rolled, hot dipped galvanized, electro-galvanized, black plate and electrolytic tinplate. More information about Esmark can be found at esmark.com.

Media Contacts: Dennis Halpin, 304.234.2421 (office) or 304.654.6474 (mobile), dhalpin@esmark.com; Bill Keegan, Edelman, 312.927.8424 (mobile), bill.keegan@edelman.com

Investor Relations Contact: Dennis Halpin, 304.234.2421 (office) or 304.650.6474 (mobile), dhalpin@esmark.com

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