EXTENSION OF FACILITY TERMINATION DATE

Exhibit 10.18

PNC Bank, National Association

One PNC Plaza

249 Fifth Avenue

Pittsburgh, Pennsylvania 15222-2707

November 24, 2004

Worthington Receivables Corporation

1205 Dearborn Drive

Columbus, Ohio 43085

Attention: Randal I. Rombeiro

Ladies and Gentlemen:

Reference is hereby made to that Receivables Purchase Agreement, dated as of November 30, 2000 (as amended, amended and restated, or otherwise modified from time to time, the “ Agreement ”), among each of the undersigned hereto. Terms used herein and not defined herein shall have the meanings set forth in the Agreement.

As you have requested pursuant to Section 1.10 of the Agreement, we hereby agree to extend the Facility Termination Date to November 23, 2005. Accordingly, clause (a) of the definition of “Facility Termination Date” as set forth in Exhibit I to the Agreement is hereby amended by replacing the date “November 24, 2004” with the date “November 23, 2005” therein.

If the foregoing is