Commercial Metals Company's Board of Directors to Review Unsolicited Tender Offer From Carl Icahn

Commercial Metals Company

today confirmed that Carl Icahn and Icahn Enterprises Holdings L.P. have commenced an unsolicited tender offer to acquire all outstanding common shares of Commercial Metals Company at a price of $15.00 per share. Consistent with its fiduciary duties, Commercial Metals Company's Board of Directors, in consultation with its independent financial and legal advisers, will review the offer.