H arsco's MultiServ mill  services division is the world's single largest pr ovider of on-site, outsourced mill services to the steel and metals industries. The global MultiServ division operates under long-term  contracts at mor e than 160 mills in over 30 countries, serving its customers as a 24/7 on-site partner . Harsco's mill services support the entir e steelmaking pr ocess. Similar services are provided to the world's non-ferr ous metals pr oducers, including aluminum, copper and nickel. z Steelmakers outsour ce to maximize r etur ns on their inter nal r esour ces and incr ease their competitive advantages. Harsco pr ovides valuable capital re l i e f a n d c o s t - e ff e c t i v e s e r v i c e e x p e r t i s e , d e v e l o p e d f ro m o v e r 1 0 0 y e a r s o f operational experience. z Harsco's services ar e pr ovided thr ough long-term, annuity-like contracts that deliver a pr edictable cost and r evenue base to Harsco's performance. z Harsco's market shar e is appr oximately 20% of the estimated $4 billion annual target market for outsour ced mill services. Considerable opportunities ar e available to substantially incr ease Harsco's shar e. z The Company's gr owth strategy is focused in four ar eas: Add-on Development _ Intr oduce additional services to existing customers, or to new customers wher e we can leverage our existing infrastructur e Service Development _ Develop new service-cr eating technologies, either with existing or new customers Geographic Development _ Enter new countries wher e the risks and r ewar ds ar e pr operly evaluated and appr opriately balanced Acquisition _ Consider acquisitions which ar e accr etive and add market shar e and/or technologies z The new MultiServ logo symbolizes the close partnership that exists between z At year -end 2003, the estimated futur e value of Harsco's worldwide multi- year mill services contracts totaled $3.4 billion. 4 HARSCO CORPORATION 2003 ANNUAL REPORT MultiServ's efficient on-site management of semi-finished materials  is of critical importance to steelmaking operations. This specialized slab carrier can transport 100 tons of steel slabs. MILL SER VICES Harsco serves almost every major r egion of the world with the competitive quality , specialized technologies, and pr ofessional expertise demanded by the world's top metals pr oducers. MultiServ and its customers. The r ed stripes portray the fir e of the metals industry , while the gr een stripes signify MultiServ and the envir onment.