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Dietrich Metal Framing Announces Partnership with Centex Homes Division

02/07/2002

The announcement marks the first such partnership for the two companies and represents up to 200 homes during calendar year 2002.

"Centex is one of the top home builders in this country, and we're very pleased to be working with them to offer the Dietrich TradeReady Floor System," said Ed Ponko, president of Dietrich Metal Framing. "Our floor system allows Centex to better control its material costs and offer a tremendous enhancement to its customers in Ohio."

The Dietrich TradeReady Floor System provides many advantages. This metal floor system is more consistent and durable than wood and offers homeowners a quieter, more even, solid floor.

"We're very pleased with the product and service we have received from Dietrich," said Bob Gardner, purchasing and estimating manager for Centex. "Their field technicians have made the transition to metal flooring an easy one for our subcontractors. We look forward to our continued relationship with Dietrich and we believe our customers will be very pleased with the end product."

Dietrich Metal Framing will be displaying and demonstrating its TradeReady Floor System at the National Association of Homebuilders' International Builders Show in Atlanta this week.

Dallas-based Centex Homes is one of the nation's leading homebuilders, operating in approximately 80 markets in 23 states. Centex homes expect to deliver more than 21,000 homes during its current fiscal year, which ends March 31, 2002. The company is a subsidiary of Centex Corporation (NYSE: CTX), a Fortune 500 company.

Founded in 1959, Dietrich Metal Framing is the largest manufacturer of steel framing products in the United States. Dietrich's 1500 employees in 20 facilities use state-of-the-art equipment and in-house metallurgic labs to ensure superior product performance and competitive prices. Dietrich Metal Framing is a Worthington Industries Company.

Worthington Industries is a leading diversified metal processing company with annual sales of approximately $2 billion. The Columbus, Ohio-based company is North America's premier value-added steel processor and a leader in manufactured metal products such as automotive aftermarket stampings, pressure cylinders, metal framing, metal ceiling grid systems and laser welded blanks. The company employs 7,500 people and operates 57 facilities in 10 countries.

Founded in 1955, the company operates under a long-standing corporate philosophy rooted in the golden rule, with earning money for its shareholders as the first corporate goal. The philosophy, an unwavering commitment to the customer, and one of the strongest employee/employer partnerships in American industry, serve as the company's foundation.

Safe Harbor Statement

The company wishes to take advantage of the Safe Harbor provisions included in the Private Securities Litigation Reform Act of 1995 ("the Act"). Statements by the company, which are not historical information constitute "forward looking statements" within the meaning of the Act. All forward- looking statements are subject to risks and uncertainties which could cause actual results to differ from those projected. Factors that could cause actual results to differ materially include risks described from time to time in the company's filings with the Securities and Exchange Commission.

SOURCE Worthington Industries, Inc.

CONTACT:
Cathy Mayne Lyttle, VP, Corporate Communications, +1-614-438-3077, or cmlyttle@WorthingtonIndustries.com,
or Allison McFerren Sanders, Director, Investor Relations,
+1-614-840-3133, or asanders@WorthingtonIndustries.com,
both of Worthington Industries

URL:
http://www.worthingtonindustries.com
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Copyright (C) 2002 PR Newswire. All rights reserved.

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