Exhibit 99.1




        Report of Independent Accountants on Financial Statement Schedules

To the Stockholders
Citation Corporation and Subsidiaries

Our audits of the consolidated financial statements referred to in our report
dated December 1, 1999 appearing in the Annual Report on Form 10-K of Citation
Corporation and subsidiaries also included an audit of the financial statement
schedules listed in Item 14 of this Form 10-K. In our opinion, these financial
statement schedules present fairly, in all material respects, the information
set forth therein when read in conjunction with the related consolidated
financial statements.


/s/  PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
Birmingham, Alabama
December 1, 1999

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