IPSCO Tubulars Files Registration Statement on Form S-1 for Initial Public Offering

HOUSTON–(BUSINESS WIRE)–IPSCO Tubulars Inc. (“IPSCO”) today announced that it has filed a
registration statement on Form S-1 with the U.S. Securities and Exchange
Commission (the “SEC”) relating to a proposed initial public offering of
shares of its common stock. The number of shares to be offered and the
price range for the offering have not yet been determined. In connection
with the offering, IPSCO has applied to list its common stock on the New
York Stock Exchange under the symbol “IPSC.”

BofA Merrill Lynch and Morgan Stanley & Co. LLC are acting as joint
book-running managers for the proposed offering. The proposed offering
will be made only by means of a prospectus. When available, a copy of
the preliminary prospectus may be obtained from the SEC’s website or
from either of the following:

  • BofA Merrill Lynch, Attention: Prospectus Department, 200 North
    College Street, 3rd Floor, Charlotte, NC 28255-0001
  • Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick
    Street, 2nd Floor, New York, NY 10014

A registration statement relating to these securities has been filed
with the SEC but has not yet become effective. These securities may not
be sold, nor may offers to buy be accepted, prior to the time that the
registration statement becomes effective. This release shall not
constitute an offer to sell or the solicitation of an offer to buy
securities, nor shall there be any sale of these securities in any state
or jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities
laws of any such state or jurisdiction.

A copy of the IPSCO’s Form S-1 filing, once available, can be viewed on
the SEC’s website.

About IPSCO Tubulars Inc.

IPSCO Tubulars Inc. is a producer and supplier of seamless and welded
oil country tubular goods and other pipe products, with headquarters in
Houston, Texas, and manufacturing facilities located in Texas,
Pennsylvania, Ohio, Kentucky, Arkansas, Oklahoma, Iowa, Nebraska and
Alberta, Canada.


Joele Frank, Wilkinson Brimmer Katcher
Ed Trissel / Alyssa Cass /
Leigh Parrish
IPSCO Tubulars Inc.
Loomis, 832-678-5099