13F-HR 1 form13fhr01874_09302004.txt 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2004 ------------------ Check here if Amendment ; Amendment Number: ___________ This Amendment (Check only one): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Steel Partners II, L.P. Address: 590 Madison Avenue, 32nd Floor New York, New York 10022 Form 13F File Number: 28-10730 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Warren G. Lichtenstein Title: Managing Member of General Partner Phone: 212-758-3232 Signature, Place, and Date of Signing: /s/ Warren G. Lichtenstein, New York, NY, November 15, 2004 Report Type (Check only one): [x] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 ------------------ Form 13F Information Table Entry Total: 39 ------------------ Form 13F Information Table Value Total: $422,869 ------------------ (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 1 28-10766 Warren G. Lichtenstein ------ -------------------- -------------------------------

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 -------------------------- -------- ---------- --------- -------------------- ---------- --------- ------------------ VOTING AUTHORITY TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER ---------------- NAME OF ISSUER CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- AMERICAN INDEPENDENCE CORP COM NEW 026760405 4241 283711 SH OTHER 1 0 283711 0 ANGELICA CORP COM 034663104 28942 1163250 SH OTHER 1 0 1163250 0 APOLLO INVT CORP COM 03761U106 1415 100000 SH OTHER 1 0 100000 0 APRIA HEALTHCARE GROUP INC COM 037933108 2725 100000 SH OTHER 1 0 100000 0 BKF CAP GROUP INC COM 05548G102 19250 657000 SH OTHER 1 0 657000 0 BAIRNCO CORP COM 057097107 9733 888900 SH OTHER 1 0 888900 0 CALGON CARBON CORP COM 129603106 9242 1280100 SH OTHER 1 0 1280100 0 COINSTAR INC COM 19259P300 1504 64552 SH OTHER 1 0 64552 0 CONTINENTAL MATLS CORP COM PAR 211615307 9651 335700 SH OTHER 1 0 335700 0 $0.25 CRONOS GROUP S A SHS L20708100 13113 1440971 SH OTHER 1 0 1440971 0 DYNAMEX INC COM 26784F103 4762 276219 SH OTHER 1 0 276219 0 ENPRO INDS INC COM 29355X107 42117 1744700 SH OTHER 1 0 1744700 0 ENSTAR GROUP INC GA COM 29358R107 9159 184815 SH OTHER 1 0 184815 0 EQUIDYNE CORP COM 29442R105 20 42600 SH OTHER 1 0 42600 0 EVANS & SUTHERLAND COMPUTER SDCV 6.000% 299096AA5 2112 2934000 PRN OTHER 1 N/A N/A N/A 3/0 EVANS & SUTHERLAND COMPUTER COM 299096107 800 149572 SH OTHER 1 0 149572 0 GABELLI ASSET MGMT INC CL A 36239Y102 1487 34700 SH OTHER 1 0 34700 0 GENCORP INC COM 368682100 54604 4029800 SH OTHER 1 0 4029800 0 IKON OFFICE SOLUTIONS INC COM 451713101 31506 2621100 SH OTHER 1 0 2621100 0 INDEPENDENCE HLDG CO NEW COM NEW 453440307 1912 108234 SH OTHER 1 0 108234 0 INTEGRATED ALARM SVCS GROUP COM 45890M109 878 212500 SH OTHER 1 0 212500 0 JPS INDUSTRIES INC COM 46624E405 9487 2883511 SH OTHER 1 0 2883511 0 LAYNE CHRISTENSEN CO COM 521050104 21638 1435818 SH OTHER 1 0 1435818 0 NASHUA CORP COM 631226107 4834 437447 SH OTHER 1 0 437447 0 NATHANS FAMOUS INC NEW COM 632347100 6292 1018200 SH OTHER 1 0 1018200 0 NEW VY CORP COM PAR $.01 649080504 5522 1104357 SH OTHER 1 0 1104357 0 NOVOSTE CORP COM 67010C100 2623 1599207 SH OTHER 1 0 1599207 0 P & F INDS INC CL A NEW 692830508 3367 351085 SH OTHER 1 0 351085 0 RONSON CORP COM NEW 776338204 819 397396 SH OTHER 1 0 397396 0 S L INDS INC COM 784413106 15432 1402950 SH OTHER 1 0 1402950 0 STANDARD MTR PRODS INC COM 853666105 9271 613598 SH OTHER 1 0 613598 0 STRATEGIC DISTR INC COM NEW 862701307 4342 289489 SH OTHER 1 0 289489 0 TRANSTECHNOLOGY CORP DEL COM 893889105 446 52700 SH OTHER 1 0 52700 0 UNITED CAPITAL CORP COM 909912107 2002 87600 SH OTHER 1 0 87600 0 UNITED INDL CORP COM 910671106 52034 1582050 SH OTHER 1 0 1582050 0 WHX CORP COM NEW 929248409 255 240933 SH OTHER 1 0 240933 0 WALTER INDS INC COM 93317Q105 20011 1249100 SH OTHER 1 0 1249100 0 WARWICK VALLEY TEL CO COM 936750108 1769 74457 SH OTHER 1 0 74457 0 WEBFINANCIAL CORP COM 94767P100 13552 5623255 SH OTHER 1 0 5623255 0