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Grupo Simec Announces Filing Of Annual Report On Form 20-F For The Fiscal Year Ended 2011





GUADALAJARA, Mexico, Aug. 29, 2012 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (AMEX: SIM) (" Grupo Simec") announced that on May 16, 2012 it filed its annual report on Form 20-F for the fiscal year ended December 31, 2011 (the " 2011 Annual Report") with the U.S. Securities and Exchange Commission (the " SEC"). The 2011 Annual Report can be accessed by visiting either the SEC's website at www.sec.gov or Grupo Simec's website at www.gsimec.com.mx.  In addition, shareholders may receive a hard copy of Grupo Simec's complete financial statements free of charge by requesting a copy within a reasonable period of time from the Grupo Simec's Investor Relations Office.

About Grupo Simec

Grupo Simec is a diversified manufacturer, processor and distributor of SBQ steel and structural steel products with production and commercial operations in the United States, Mexico and Canada. Grupo Simec is also an important producer of structural and light structural steel products in Mexico in terms of sales volume. Grupo Simec's SBQ products are used across a broad range of highly engineered end-user applications, including axles, hubs and crankshafts for automobiles and light trucks, machine tools and off-highway equipment. Its structural steel products are mainly used in the residential and non-residential construction market and other construction applications.

Legal Disclaimer

This press release contains certain forward-looking statements that reflect the current views and/or expectations of Grupo Simec and its management with respect to its performance, business and future events. We use words such as "believe," "anticipate," "plan," "expect," "intend," "target," "estimate," "project," "predict," "forecast," "guideline," "should" and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. Grupo Simec is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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