THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

GrafTech International Ltd. (GTI)

4/21/2005 and 4/13/2006 Proxy Information

No related party transactions or special relationships reported for this company. Director relationships marked "Outside Related" at this firm will most often be former executives of the company. Additional information regarding these relationships will be added during our regular updates.

4/14/2004 Proxy Information

Gilbert E. Playford has served as Chairman of GrafTech International Ltd. since September 1999, served as Chief Executive Officer from June 1998 through December 2002 and was President from June 1998 until May 2002.

4/24/2003 Proxy Information

GrafTech's Board of Directors adopted an executive employee loan program in September 1998. All members of senior management were eligible to participate in the program. Under the program, participants were able to borrow, on a full recourse basis, an amount equal to up to their annual base salary (or, in the case of the Chief Executive Officer, three times his annual base salary). The loans were non-interest-bearing and became due upon the earlier to occur of termination of employment or the expiration of five years from the date of borrowing. We agreed to reimburse the borrowers for the incremental income tax liability (at such time as such liability is incurred) due on the interest income imputed because of the interest-free nature of the loans. The largest aggregate amount of each such loan outstanding during 2002 was: $1,620,000 for Mr. Playford; $175,000 for Mr. De Gasperis; $225,000 for Mr. Mason; $150,000 for Ms. Narwold; $225,000 for Mr. Shular; and an aggregate of $2,395,000 for all executive officers as a group. No loans were made in 2002.

GrafTech's Board of Directors adopted an executive employee stock purchase program. All members of senior management were eligible to participate in the program. Under the program, participants were able to purchase shares of common stock from GrafTech in an amount equal to up to their annual base salary (or, in the case of the Chief Executive Officer, three times his annual base salary). The purchase price per share under the program equaled the closing price of a share of common stock on the last trading day prior to the date of purchase. Since all eligible participants had already purchased prior to 2002 virtually all shares which they could have purchased under the program, no member of senior management purchased shares of common stock under the program during 2002.

In the 2002 first quarter, these programs were closed. In the 2002 second quarter, all of the outstanding loans under the executive employee loan program, an aggregate of $3 million, were repaid with shares of common stock, valued at the closing sale price on the date of repayment. To the extent that any employee did not have a sufficient number of shares of common stock to repay his or her loan in full, we forgave and cancelled the balance of the loan to that employee and reimbursed that employee for the tax liability on the income attributable to the cancellation of such indebtedness. The number of shares used to make such repayment, the amount of the loan cancelled and the amount of the reimbursement thereon was 104,516 shares, $1,619,998 and $252,791 for Mr. Playford, 11,290 shares, $174,995 and $29,364 for Mr. De Gasperis, 16,013 shares, $224,991 and $0 for Mr. Mason, 5,676 shares, $149,984 and $53,806 for Ms. Narwold, and 12,996 shares, $224,993 and $70,725 for Mr. Shular.