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Price Increases Announced Due to Escalating Costs
Rolling Meadows, March 8, 2004

As you are undoubtedly already aware, the specialty metals industry has, in recent months, been trying to cope with very significant increases in energy, raw material and alloy costs. The result has been the necessary introduction of various surcharges and price increases.

We at FlatGround.Com are likewise affected by the imposition of surcharges and price increases by our suppliers. Unfortunately, we are unable to absorb these significant added costs.

Accordingly, we regret the necessity to increase our prices effective March 15, 2004 .

Our objective will be to pass on any savings as and when the extraordinary cost escalations on the supply side stabilize and pricing can return to more normal levels. We hope to see some relief later this year. However, analysts are currently expressing concern that the weak dollar, escalation in ocean freight rates, etc., will keep prices at higher than usual levels for some time.

Thank you for your kind understanding of the need for this measure at this time. We will remain most grateful for your continued support.

About FlatGround.Com:
We are a small, lean and efficient operation – this is what allows us to bring you our flat ground stock drill rod at these incredible everyday low prices! Whether you need one piece or 100 pieces you will find it here at very low prices!

We pride ourselves on customer service – please let us know how your experience. We strive to be the best in the industry!

Our grade range includes precision flat ground tool steels (PFG) in O1, A2, D2, S7, and low Carbon (1020) in both Standard and Oversize tolerances in standard lengths.


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