EWP FINANCIAL LLC 5430 LBJ Freeway Suite 1700 Dallas, TX 75240 972-450-4261 972-448-1445 (Fax) July 31, 2005 Mr. Bert E. Downing, Jr. Chief Financial Officer Keystone Consolidated Industries, Inc. 5430 LBJ Freeway Suite 1740 Dallas TX 75240 Dear Mr....

EWP FINANCIAL LLC                                           0000 XXX Xxxxxxx
                                                            Xxxxx 0000
                                                            Xxxxxx, XX 00000
                                                            000-000-0000
                                                            000-000-0000 (Fax)


                                  July 31, 2005





Xx. Xxxx X. Xxxxxxx, Xx.
Chief Financial Officer
Keystone Consolidated Industries, Inc.
0000 XXX Xxxxxxx Xxxxx 0000
Xxxxxx XX 00000




 Dear Xx. Xxxxxxx:



With regard to the  Debtor-In-Possession  Credit Agreement between EWP Financial
LLC and Keystone  Consolidated  Industries,  Inc.  dated  February 27, 2004,  as
amended, the definition of Expiration Date, as set forth in the Second Amendment
to the Debtor-In-Possession  Agreement, is hereby amended to replace the date of
July 31, 2005 in clause (a) (i) of such definition with August 31, 2005.



 Sincerely,

/s/Xxx X'Xxxxx
------------------------------------------------------
Xxx X'Xxxxx
Vice President - Chief Financial Officer and Treasurer