Koppers Results For Third Quarter 2002

(Unaudited, Millions Except Earnings Per Share)

Quarters Ended

Nine Months Ended

September 30,

September 30,

2002

2001

2002

2001

Income Statement Data:

Net Sales

$198.2

$176.7

$555.1

$540.7

Operating Expenses:

   Cost of Sales

$164.8 

$144.7

$468.1 

$448.3

   Depreciation & Amortization

$7.2

$7.6

$21.2

$22.7

   Selling, General & Administrative

$11.7

$11.5

$32.0

$34.5

   Restructuring Charges

$0.0

$0.0

$0.0

$3.3

Total Operating Expenses

$183.7

$163.8

$521.3

$508.8

Operating Profit

$14.5

$12.9

$33.8

$31.9

Equity In Earnings of Affiliates

$0.0

$0.2

$0.1

$0.4

Other Income

$2.5

$2.1

$7.5

$6.7

Earnings Before Interest & Taxes (EBIT)

$17.0

$15.2

$41.4

$39.0

Interest Expense

$5.7

$6.3

$17.4

$19.1

Income Before Taxes

$11.3

$8.9

$24.0

$19.9

Income Tax Provision

$4.6

$4.1

$9.5

$8.3

Minority Interest

$0.2

$0.2

$0.6

$0.6

Net Income

$6.5

$4.6

$13.9

$11.0

Earnings Before Interest, Taxes,

$24.2

$22.8

$62.6

$61.7

   Depreciation & Amortization (EBITDA)

Other Data:

   Capital Expenditures (Excluding Acquisitions)

$4.1

$2.8

$12.7

$7.6

   Total Debt

$269.7

$278.8

$269.7

$278.8

   Total Cash

$9.1

$9.1

$9.1

$9.1