In c3331 transmitted today at 15:08e today, an error occurred in the headline. The headline should have read "December 6, 2005" and not "December 6, 2006". Corrected copy follows: Stelco obtains extension of stay period until December 6, 2005 HAMILTON, ON, Dec. 5 /CNW/ - Stelco Inc. (TSX:STE) today was granted an Order of the Superior Court of Justice (Ontario) extending the stay period under its Court-supervised restructuring for one day, from today until December 6, 2005. In making its Order the Court urged the parties to Stelco's restructuring to make the best use of the time provided by this brief extension. The Court noted that at tomorrow's hearing it will deal with the issue of a further extension as well as the matter of a vote of affected creditors on a restructuring plan. Courtney Pratt, Stelco President and Chief Executive Officer, said, "This extension will focus everyone's attention on trying to reach an agreement. We continue to believe that such an outcome is the best for everyone concerned." About Stelco Stelco Inc. is a large, diversified steel producer. Stelco is involved in major segments of the steel industry through its integrated steel business, mini-mills, and manufactured products businesses. This news release may contain forward-looking information with respect to the Corporation's business operations, financial performance and conditions. Actual results may differ from expected results for a variety of reasons including factors discussed in the Corporation's Management's Discussion and Analysis section of the Corporation's 2004 Annual Report. To learn more about Stelco and its businesses, please refer to our Web site at www.stelco.ca.