RELIANCE STEEL & ALUMINUM CO.
NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
TO BE HELD MAY 16, 2001
To the Shareholders of
Reliance Steel & Aluminum Co.:
NOTICE IS HEREBY GIVEN that the Annual Meeting of the shareholders of
Reliance Steel & Aluminum Co. (the "Company") will be held on Wednesday, May 16,
2001, at 10:00 a.m., California time, at the Ritz Carlton Huntington Hotel, 1401
South Oak Knoll Avenue, Pasadena, California 91106, for the following purposes:
1. To elect four directors to serve for two years and until their
successors have been elected and qualified. The nominees for election to
the Board are Douglas M. Hayes, Robert Henigson, Karl H. Loring and Leslie
2. To amend the Company's Bylaws to change the authorized number of
directors to not less than nine nor more than fifteen.
3. To amend the Company's Incentive and Non-Qualified Stock Option
Plan to increase to 2.5 million the number of shares of Common Stock
available for the grant of options.
4. To approve Ernst & Young LLP as the independent auditors of the
5. To transact such other business as may properly come before the
Annual Meeting or adjournments thereof.
Only holders of shares of record on the books of the Company at the close
of business on April 12, 2001 are entitled to notice of, and to vote at, the
Annual Meeting or any adjournments thereof. Trading in the Company's Common
Stock will continue during the solicitation period.
A Proxy Statement and a proxy in card form are enclosed with this Notice.
All shareholders are invited to attend the Annual Meeting. To make it easier,
you may vote on the Internet or by telephone. The instructions attached to your
proxy card describe how to use these convenient services. Of course, if you
prefer, you can vote by mail by completing your proxy card and returning it in
the enclosed envelope to which no postage need be affixed if it is mailed in the
United States. Giving such proxy will not affect your right to vote in person if
you attend the Annual Meeting.
By Order of the Board of Directors,
Yvette M. Schiotis
Los Angeles, California
April 16, 2001