FIRST AMENDMENT TO THE AK STEEL HOLDING CORPORATION STOCK INCENTIVE PLAN

Equity Incentive Plan Agreement

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AK STEEL HOLDING CORP

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Title: FIRST AMENDMENT TO THE AK STEEL HOLDING CORPORATION STOCK INCENTIVE PLAN
Date: 3/8/2005
Industry: Iron and Steel

EXHIBIT 10.27

FIRST AMENDMENT TO THE

AK STEEL HOLDING CORPORATION

STOCK INCENTIVE PLAN

(as previously amended and restated effective as of January 16, 2003)

Pursuant to the power of amendment reserved to the Board of Directors of AK Steel Holding Corporation in Section 10.1 of the AK Steel Holding Corporation Stock Incentive Plan (as amended and restated effective as of January 16, 2003) (the “Plan”), Section 7.7 of the Plan is amended in its entirety to read as follows, effective as of the date of adoption of this First Amendment:

“ 7.7 Awards to Directors. Exce

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