EXHIBIT 99




                 ATCHISON CASTING CORPORATION AND SUBSIDIARIES
                       VALUATION AND QUALIFYING ACCOUNTS
                                 (In Thousands)




                                           BALANCE AT                CHARGED TO                   BALANCE AT
                                           BEGINNING    BALANCE      COSTS AND                       END
                                           OF PERIOD    ACQUIRED     EXPENSES      DEDUCTIONS     OF PERIOD
                                           ----------   --------     ----------    ----------     ----------
                                                                                   
Accounts Receivable Allowance
     Twelve Months ended June 30, 1997      $     306   $     39(a)  $      135    $      (99)    $      381

     Twelve Months ended June 30, 1998            381        311(a)         120          (304)           508

     Twelve Months ended June 30, 1999            508         21(a)         282          (220)           591

     Nine Months ended March 31, 2000             591          0            277          (371)           497



(a) Represents reserves recorded in connection with various acquisitions