Contact Information: Contact: Nigel Worsnop Tenaris 1-888 300 5432 www.tenaris.com
Tenaris Completes Sale of Hydril Pressure Control Business to GE
| Source: Tenaris S.A.
LUXEMBOURG--(Marketwire - April 1, 2008) - Tenaris S.A. (NYSE : TS ) (BAE : TS ) (MXSE : TS )
(MILAN : TEN ) announced today that it has completed the previously announced
sale to General Electric Company (GE) of its Hydril pressure control
business for a total consideration of US$1,115 million.
Tenaris is a leading global supplier of steel tubes and related services
for the world's energy industry and certain other industrial applications.