FIRST AMENDMENT TO THE AK STEEL HOLDING CORPORATION STOCK INCENTIVE PLAN

Equity Incentive Plan Agreement

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Title: FIRST AMENDMENT TO THE AK STEEL HOLDING CORPORATION STOCK INCENTIVE PLAN
Date: 2/27/2007
Industry: Iron and Steel Sector: Basic Materials

EXHIBIT 10.23

FIRST AMENDMENT

TO THE

AK STEEL HOLDING CORPORATION

STOCK INCENTIVE PLAN

(as amended and restated as of January 20, 2005)

Pursuant to the power of amendment reserved to the Board of Directors of AK Steel Holding Corporation in Section 11.1 of the AK Steel Holding Corporation Stock Incentive Plan (as amended and restated as of January 20, 2005) (the “Plan”), the introductory paragraph of Section 6.1(b) is changed in i

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