EXHIBIT 99.2 GERDAU AMERISTEEL CORPORATION (incorporated under the Business Corporations Act (Ontario) 35,000,000 Common Shares PURCHASE AGREEMENT Dated: October 14, 2004Purchase Agreement • October 15th, 2004 • Gerdau Ameristeel Corp • Steel works, blast furnaces & rolling mills (coke ovens) • New York
SUBSCRIPTION AGREEMENT TO: GERDAU AMERISTEEL CORPORATION DATED: AS OF OCTOBER 14, 2004 RECITALS: 1. Gerdau Ameristeel Corporation (the "COMPANY") has authorized the issuance and sale (the "OFFERING") of 70,000,000 common shares of the Company (the...Subscription Agreement • October 15th, 2004 • Gerdau Ameristeel Corp • Steel works, blast furnaces & rolling mills (coke ovens) • Ontario
