Following the Consent Deadline, Edgen also announced that Edgen Murray Corporation intends to redeem any Notes that are not tendered in the Offer. The redemption would be initiated through a notice of redemption provided on behalf of Edgen Murray Corporation by the trustee under the indenture governing the Notes. The redemption price for any Notes not tendered in the Offer is expected to be 100% of the principal amount of the Notes being redeemed plus the “Applicable Premium” (as defined in the indenture governing the Notes) as of, and accrued and unpaid interest to, if any, the date of redemption. The redemption date is expected to be October 19, 2012. This press release does not constitute a notice of redemption.About Edgen Group Edgen Group is a leading global distributor of specialized products and services to the energy and industrial infrastructure markets, including steel pipe, valves, quenched and tempered and high yield heavy plate and related components. Edgen Group is headquartered in Baton Rouge, Louisiana. Forward-Looking Statement Disclaimer This press release contains forward-looking statements within the meaning of federal securities laws. All statements other than statements of historical fact are considered forward-looking statements including, without limitation, statements regarding the deadlines and other terms and conditions of the Offer and the proposed redemption of the Notes. These forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could affect future results and cause actual results and events to differ materially from historical and expected results and those expressed or implied in the forward-looking statements, including, but not limited to, that there can be no assurance that we will redeem the untendered Notes or be able to consummate the Offer or a redemption of the Notes on a timely basis or on terms satisfactory to us or at all. Our historical financial information, and the risks and other important factors that could affect the outcome of the events set forth in these statements and that could affect our operating results and financial condition, are contained in our filings with the Securities and Exchange Commission (“SEC”), including our prospectus filed with the SEC on April 27, 2012 and in our subsequent filings with the SEC made prior to or after the date hereof. We undertake no obligation to review or update any forward-looking statements to reflect events or circumstances occurring after the date of this press release. Readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements.