X0201 4 2004-03-01 0000931148 GRAFTECH INTERNATIONAL LTD GTI 0001078942 SHULAR CRAIG S C/O GRAFTECH INTERNATIONAL LTD. 1521 CONCORD PIKE, SUITE 301 WILMINGTON, DE 19803 1 1 0 0 CEO and President Common Stock 19310 D Common Stock 2004-03-01 5 J 0 370 13.15 A 25085 I By Savings Plan. Common Stock 12825 I By Compensation Deferral Plan. Time options (right to buy) 17.3125 2008-09-29 Common Stock 150000 150000 D Time options (right to buy) 14.00 2005-02-28 2010-02-28 Common Stock 30000 30000 D Time options (right to buy) 8.56 2002-12-15 2010-12-15 Common Stock 100000 100000 D Time options (right to buy) 8.85 2011-09-25 Common Stock 87000 87000 D Stock options (right to buy) 6.56 2008-12-31 Common Stock 600000 600000 D Represents the number of units attributable to the reporting person's participation through Company matching contributions in the Company Stock Fund option of the UCAR Carbon Savings Plan. Represents obligations whose value is based on the Common Stock under the Company's Compensation Deferral Program. The reporting person disclaims beneficial ownership of these securities. Of such options, 50,000 vested on each of May 21, 1999, July 14, 1999 and September 29, 1999. Options were granted as part of an annual grant. Of such options, 15,000 vested on September 25, 2001 and 72,000 vested on September 25, 2003. Such options will vest on 7/31/08 or earlier on 3/31/06 if certain cash flow performance targets are achieved in each of 2003, 2004 and 2005 under the Company's Long Term Incentive Plan. For each year that such targets are achieved, 1/3 of the options granted will vest on 3/31/06. If not previously exercised, these options will expire on December 31, 2008. Karen G. Narwold, Attorney-in-fact for Craig S. Shular 2004-04-02